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JohnQuid
Jun 5, 2016 2:12 PM

GBPJPY THOUGHTS - JUNE-SHORT TERM. 

British Pound/Japanese YenFXCM

Description

After the panic selling on friday thanks to the NFP data i am wondered what next week will bring us. No further advices, just leave what you think please. although there is a promising COT of the GBP myfxbook.com/commitments-of-traders/gbp so i do not know what we are up to after mondays events. But volume did lower so i might be expecting a slight correction to the upside.

if we are not going to have that correction back to 0.618 my thoughts are that we are going down FAST.

Comment

Looks like we are heading up.
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