Tuesday, July 1, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains on the upside for 174.84 key resistance. At this point, we'd stay cautious on strong resistance from 174.84 to bring reversal. The medium sideway consolidation pattern could extend with another down leg. Below 172.36 will turn bias back to the downside for 170.95 support first.



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