(145,23) The GBP/JPY confirmed a nice move up and a strong daily closing last night, well above the resistance of the negative outside day at 144,25! The indicators of the daily chart are now well positive and also those of the s/t ones are positive supporting further strength. Bearish divergences in the hourly chart confirm a positive tone. We expect further strength toward the s/t target at 145,79 if not even a 146 overshooting!!
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Future Trend Research