Tuesday, June 24, 2014

Daily Forex Update: GBP/JPY

GBP/JPY recently broke the Flag chart pattern. GBP/JPY is expected to reach the target level 172.91 in the next 14 hours. This Flag breakout follows the earlier sharp downward reversal from the strong resistance zone surrounding the resistance level 174.00. This resistance zone has reversed the pair down multiple times



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