Friday, June 20, 2014

GBP/JPY Daily Outlook

GBP/JPY's rally continues and reaches as high as 173.92 so far. Intraday bias remains on the upside for 174.74. At this point, we'd remain cautious on strong resistance from there to bring reversal to extend the medium term sideway pattern. Below 172.80 minor support will turn bias back to the



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