Sunday, December 28, 2014

GBP/JPY Daily Outlook

As long as 186.10 minor support holds, recovery from 181.59 should extend towards 189.70. But break there is needed to confirm rally resumption. Otherwise, we'd expect more corrective trading in near term. Below 186.10 will bring another fall to extend recent consolidations. We'd expect strong support from 181.09, 38.2% retracement



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