OraibUK
Long

GBPJPY Sustained moves towards highs

FX:GBPJPY   British Pound/Japanese Yen
GBPJPY             is benefiting a lot from JPY yield curve approach of BOJ and the resulting depreciation of Yen. On other hand, GBP is only pair in G10 which has so far maintained its momentum against other G10 pairs. This fundamental supports that GBPJPY             can easily approach its TP1 and TP2 in Dec             . Its a 200+ pips chance to grab for your Dec             vacations.
I think will go to 143 then reversal.
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OraibUK eprofit168
@eprofit168, Probably, but reversal will occur around 144 zone
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Good fundamental points mixed in with valid technical points. Happy Holidays!
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OraibUK Pivot_Panther
@Pivot_Panther, Thanks. Happy Holidays too!
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