Monday, February 3, 2014

GBP/JPY Daily Outlook

GBP/JPY's fall fro 174.84 accelerated to as low as 164.29 so far and intraday bias remains on the downside. The strong break of 55 days EMA now should bring deeper fall to medium term trend line support at around 161.80. Sustained break there will have larger bearish implication and will



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