captain_smollett
Long

GBPJPY. Uptrend to be confirmed

FX:GBPJPY   British Pound/Japanese Yen
83 2 4
GBPJPY             is coming back from the historical minimums and now is placed not too far away from an important resistance point.

Once the pair passes and secures 163-165 zone, it´s a strong buy. The BOJ next week can give us a hint on whether JPY depreciation will continue and, also, Brexit Referendum in June is an important point of attention.
Comment: If I were asked, I´d say 50% Fibo matters (chart below). Was a good idea to enter there but I´d like to check on how the asians will wake up on Monday.

If they wake up well, may be a good buying opportunity!
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