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MD13Financial

GbpJpy | Fundamental turn looming...

Livre sterling / Yen japonais (FX:GBPJPY)  
MD13Financial  
FX:GBPJPY   Livre sterling / Yen japonais
Trend Analysis
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trendanalysis
Huge bullish weekly close and we have reached 140.00. From the daily price action, price has been super clean. There are signs of exhaustion as GJ comes into contact with daily supply once again. Fundamentally, UK Parliament is once again dragging their feet and pleading for an extension. As of now I see short and this view will be based and adjusted to market conditions at open. Short targets would be 137.50 quarter point, long targets are at 145/146
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