GBPJPY DAILY OUTLOOK 16th MAY 2017
Last week on the Daily chart, we can see a Bearish Engulfing pattern on the Daily resistance. Concurrently after the BOE monetary policy remain unchanged and weak data from Manufacturing Production m/m that leads the price to rally down a good 200 pips.
Based on that, we could potentially see a pullback on the Daily before the long continuation.
t.me/empiretrading
Based on that, we could potentially see a pullback on the Daily before the long continuation.
t.me/empiretrading
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