(132,10) The GBP/JPY is still confirming further consolidation interior the inside day with 132,95 – 131,45 still the levels to follow in the coming hours. In yesterday’s session it formed however a negative day reversal; a daily closing tonight below 132,06 will confirm a s/t top. The indicators of the daily chart are still well positive but those of the s/t ones turned all negative supporting a correction. Already an hourly closing below the 200 hours line at 132,00 will support lower levels. Only an hourly closing below 131,50 will however confirm a deeper correction suggesting a return toward the 130 area!!. We are still waiting for confirmations and a possible buying opportunity, but at lower levels!!
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