GBP/JPY Daily Outlook

11:02 PM No Comments

Intraday bias in GBP/JPY is mildly on the upside for 173.57 resistance. Overall outlook is unchanged. Price actions from 174.84 are viewed as a consolidation pattern with rebound from 163.87 as the second leg. Rise from 163.87 could extend beyond 173.57. But we'd expect strong resistance from 174.84 to limit



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