Monday, February 3, 2014

Daily Forex Update: GBP/JPY

GBP/JPY is expected to fall further to the target level 163.75 in the next 5 trading days. The stop-level for this forecast is set by Autochartist at 173.66 (point A). This Triangle breakout continues the recent downward reversal (which created the top of this chart pattern) from the combined resistance



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