GBPJPY H4 OUTLOOK 1 JUNE 2017

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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.

Trade chiuso: obiettivo raggiunto
Target reached. Closed the gap.
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