Tuesday, October 28, 2014

GBP/JPY Daily Outlook

The recovery from 168.01 extended higher and could continue. But again, near term outlook stays cautiously bearish as long as 175.00 resistance holds and we'd expect further fall ahead. Prior break of 169.34 support was taken as an indication of medium term topping at 180.70. Below 171.06 minor support will



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