GBPJPY H4 OUTLOOK 1 JUNE 2017
Looking at candle closed in the Daily Chart rejecting the 50 Fib Level, we could see a pullback scenario in the 4 Hr TF.
Possible move to the upside towards 50/61.8 fib level on the 4 Hr TF if the Manufacturing PMI data today come out positive.
We can monitor the key levels for a short continuation as long as there's no new highs form or breakout on the trend line.
Possible move to the upside towards 50/61.8 fib level on the 4 Hr TF if the Manufacturing PMI data today come out positive.
We can monitor the key levels for a short continuation as long as there's no new highs form or breakout on the trend line.
Trade closed: target reached
Target reached. Closed the gap.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.