GBPJPY BUY SETUP

3 Nis 2017

Price broke out of consolidation last week and formed an engulfing candlestick on daily to close out last week. Price is making a correction and should continue to move to the upside. Look to buy as low as possible near demand zone. Expect a similar move as highlighted on 3/8 and 3/16. Price should reach high 140-141.500