Thursday, November 28, 2013

GBP/JPY Daily Outlook

GBP/JPY's rally continues today and reaches as high as 167.89 so far. Intraday bias remains on the upside for 168.11 long term fibonacci level next. Break will target 170 psychological level. On the downside, break of 163.67 support is needed to signal short term topping. Otherwise, outlook will stay bullish



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