Tuesday, September 30, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains neutral as consolidation from 180.70 continues. Downside of consolidation would be contained by 38.2% retracement of 169.34 to 180.70 at 176.36 and bring another rise. Above 180.70 will target next long term fibonacci level at 183.96. Though, firm break of 176.36 will target 61.8% retracement 173.67 and below.



Continue Read...

0 comments:

Post a Comment

Site Search