GBPJPY Trade Opportunity

1 May 2017

GBPJPY looks quite set for a corrective decline. 144.15 is the year open. A daily close below this level should have 140.00 and 139.00 as magnetic attraction zone. Reckon that the bigger picture remain bullish towards 164.00 region. But for the month, 140-139.00 is the level to watch on a corrective decline. 145.50 invalidates bias.