Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Back in January, one of our models, which has a high success rate especially over the medium to longer horizon called for the pound to drop to 121 against yen in the longer run.
“Sell Pound at current price 168 and at rallies. Pound might rally in the short term from here. Stop loss for this trade is quite large at 189, however, profit target is larger at 121.”
Anyone who missed that call, here is the link, http://www.econotimes.com/FxWirePro-Long-term-outlook-%E2%80%93-Pound-might-drop-to-121-against-Yen-149460
That same model gave a similar call today, only this time for the shorter time frame.
“Sell Pound at current price 146 against yen with target around 121 and with stop loss around 160 area”
With such close call in the referendum, we wonder if our model has been pointing and is pointing to a Brexit.
Kindly note that the model is more accurate in the longer run than in the short.
Latest result shows, with 39.8 percent of the votes counted “Leave” camp is leading with 51.2 percentage of the votes.
