Tuesday, February 4, 2014

GBP/JPY Daily Outlook

GBP/JPY formed a temporary low at 163.87 and intraday bias is turned neutral for some sideway trading first. Near term outlook stays bearish with 167.76 support turned resistance intact. Below 163.87 will extend the fall from 174.84 to medium term trend line support at around 161.80. Sustained break there will



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