Monday, September 1, 2014

GBP/JPY Daily Outlook

GBP/JPY's rebound from 170.42 continues today and reaches as high as 173.19 so far. Intraday bias remains on the upside for 174.21/175.36 resistance zone. Price actions from 175.36 could be developing into a sideway pattern. Thus, we'd be cautious on reversal from there to extend the pattern. On the downside,



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