Paun British / Yen Jepun
Panjang

Bullish!

50
Change in the total value of inflation-adjusted sales at the retail level was greater than forecasted
Tue Feb 19 If Average Earnings is less than expected I will expect GBPJPY to continue its trend range farther down to a 50%-61.8% retracement. At this time we could decide to go up, then back down before up again, or straight up! We play as it it prints. As the chart shows us what to do we go with momentum and wait for the pattern signals at the tops and bottoms of ranges to see what the battle tells us!

If AEI is greater than expected we could go straight to the top towards 141.00, 141.50, 142.00, or higher as take profit zones (TPZ)

Lets observe as it plays out and look for entries.

Penafian

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