Friday, October 3, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains mildly on the downside and deeper fall could be see. At this point, we'd still expect strong support from 61.8% retracement 173.67 to bring rally resumption eventually. Above 178.12 minor resistance will turn bias back to the upside for retesting 180.70 first.



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