GBP/JPY’s rise from 148.93 resumed last week and initial bias stays on the upside this week for 169.10 resistance. Firm break there will confirm larger up trend resumption. Next near term target is 61.8% projection of 148.93 to 165.69 from 159.71 at 170.06, and then 100% projection at 176.47. On the downside, break of 159.71 […]
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