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FxWirePro: GBP/USD hits one-month high, scope for further upside

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USD/JPY could clear clear Cloud & TrendLine on solid ISM data

Friday, May 1, 2015 1:25 PM UTC

USD/JPY rise from 118.05 more about rebound in Fed hike hopes on jobs data
Cloud top & down TrendLine off Mar-Apr high at 120.05/15 being stalked into US ISM
USD/JPY needs solid ISM to clear Cloud & TrendLine
Offers into 120.40-60 may hold pre NFP unless ISM is decisively strong
Small N225 futures bounce above Thur's low, USD-JPY 2-yr yields trending up

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USD/JPY could clear clear Cloud & TrendLine on solid ISM data

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