Friday, June 27, 2014

GBP/JPY Daily Outlook

As noted before, GBP/JPY could have topped at 174.09 already. And, more importantly, the cross could be starting another falling leg inside the medium term sideway pattern from 174.84. Intraday bias remains on the downside for 170.95 support first. Break will target 169.53 and below. Meanwhile, in case of another



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