GBP/JPY Forecast June 7, 2016, Technical Analysis

The GBP/JPY pair initially gapped lower at the open on Monday, but then we turn right back around to close that gap. That’s a very strong sign, and if we can break above the top of the range during the course of the session on Monday, the market could continue to go higher. At this point in time, it is likely that we will continue to see volatility in this market, as the United Kingdom voting whether or not it wants to stay in the European Union will continue to be the main driver anything with the GBP involved in it. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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