(141,50) The GBP/JPY confirmed further consolidation interior the big negative outside day with 144,90 – 141,80 still the levels to follow in the coming hours. A break of the support confirmed by a daily closing will favour further and more important weakness suggesting a new 140 undershooting!! The indicators of the daily chart are still well negative but those of the weekly and monthly ones are still above the line. The indicators of the s/t charts are instead negative supporting lower levels. Only a return above 143,17 where we find the 200 hours line will postpone further weakness favouring another rally toward the resistance line at 144! We stay on the sideline!
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