Daily Market Analysis 17|05|2021: GBPJPY
Instrument: GBPJPY Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 153.942 with take profit at price 154.044. Bearish Preference: A sell position is envisaged if price trades below price 153.793 with take profit at price 153.690. Fundamentals:No major fundamental. Comment: Fresh yearly highs emerged last week, and it appears that some basing may be …