Major chance of Downward Gap Tasuki pattern.
Would make sense to respect target of 3rd touch of TL. (blue ellipse)
Closed for weekly just shy of 50% Fib. Last 2 candles were doji.
Ma looks to be crossing on Daily period.
Target for downside of 140.000
This is not unlikely due to the close of last week. With the general election in 2 weeks and the recent terror threats in the U.K. the sterling has not been great however saying that the yen has shown major weakness last week.
Would make sense to respect target of 3rd touch of TL. (blue ellipse)
Closed for weekly just shy of 50% Fib. Last 2 candles were doji.
Ma looks to be crossing on Daily period.
Target for downside of 140.000
This is not unlikely due to the close of last week. With the general election in 2 weeks and the recent terror threats in the U.K. the sterling has not been great however saying that the yen has shown major weakness last week.