GBPJPY Weekly Forecast 11th-15th May 2020

GBPJPY Weekly Forecast 11th-15th May 2020

10 May 2020, 13:35
Lalit Matta
0
91
The 4 hour right is down against 12/13/2019 peak (147.93) & shows a   sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. 

Short  

@133.133.50 

Target 1- 130.50 
Target2- 128.00 

Sl: 134.00 

Good luck !