Monday, May 26, 2014

GBP/JPY Daily Outlook

GBP/JPY recovers further today but stays in range. Intraday bias remains neutral first. Near term outlook is a bit mixed. But still, price actions from 174.84 are viewed as a consolidation pattern. In case of another rise, strong resistance should be seen form 174.84 to limit upside and bring reversal.



Continue Read...

0 comments:

Post a Comment

Site Search