Monday, November 3, 2014

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains on the upside for 180.70 resistance. Break there will extend the larger up trend to next long term fibonacci level of 183.96. On the downside, break of 174.63 support is needed to indicate short term topping. Otherwise, outlook will stay bullish even in case of retreat.



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