Friday, January 31, 2014

GBP/JPY Weekly Outlook

GBP/JPY Weekly Outlook


GBP/JPY's recovery was limited at 171.45 last week, by 4 hours 55 EMA. Subsequent fall pushed the cross through 167.76 support and resumed the decline from 174.84. Initial bias is on the downside this week for 166.57 support first. Outlook in GBP/JPY isn't too bearish yet. But sustained



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