Sunday, February 2, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains on the downside as fall from 174.85 is still in progress for 166.57 support first. Sustained trading below 55 days EMA would pave the way for a test on 159.98 key support level. On the upside, break of 171.45 is needed to confirm near term



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