Wednesday, February 26, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains neutral for the moment. Another rally remains mildly in favor as long as 169.11 holds. And, above 171.88 will target 173.65/174.84 resistance zone. However, considering that the cross is limited by near term falling trend line, break of 169.11 will argue that rebound from 163.87



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