LupaCapital

GBP JPY - Brexit yes to 145+

Long
WHSELFINVEST:GBPJPY   British Pound / Japanese Yen
Outcome for a Brexit 'Yes' vote.
As we come into the holiday season - there is important volume to note here, however the major players are positioned for either way.
We have the purple buy zone, which price has seen a nice consolidation with some rejection wicks.

Using the fibonacci - we have our level targets at -0.618 to hit the monthly zone at 145.5 and our first target at -0.272 at 143.4 zone.

Provided the probability seeing further buying power.
We will see a huge engulfing candle.


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