Last Updated Date: 11 May 2021 @ 11:55 AM (UTC)
*Please note that all the dates are in GMT time zone
The GBPJPY market is short term negative and suggests a roll down from flagging congestion that will send selloffs to 152.12. Sustained selloffs under 152.12 will encourage declines to 149.17. Any corrective congestion within Friday’s range will keep trade aligned for selloffs. A pop over 154.02 is needed to boost rebounding moves again.