(149,55) The GBP/JPY failed as well to confirm the positive day reversal it formed on Tuesday suggesting further possible pressure, especially while below 151,20!! The indicators of the daily chart are still well positive while those of the s/t ones are still showing a mixed picture suggesting further consolidation/ correction. In the hourly chart we have already potential negative reversals supporting lower levels toward a possible target at 145,58!! We stay short!
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Future Trend Research