GBP/JPY Technical Analysis

(150,40) The GBP/JPY confirmed a session of consolidation interior Friday’s range forming a new inside day with 152,70 – 149,70 the levels to follow in the coming hours. A daily closing below 149,70 will favour a retest of the 146,50 area!! The indicators of the daily chart are still positive but those of the s/t ones turned below the line supporting further weakness toward the potential target at 146,33!! We stay short!

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