Monday, June 23, 2014

GBP/JPY Daily Outlook

With 172.80 support intact, further rise is expected in GBP/JPY for 174.84 key resistance. At this point, we'd remain cautious on strong resistance from 174.84 to bring reversal to extend the medium term sideway pattern. Below 172.80 minor support will turn bias back to the downside for 170.95 support. However,



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