Monday, February 2, 2015

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains neutral or consolidation above 175.77 temporary low. We'd expect upside to be limited by 180.93 resistance and bring fall resumption. Break of 175.77 will extend the fall from 189.70 to retest 168.01 key support level. Meanwhile, break of 180.93 will bring stronger rebound first.



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