(152,08) The GBP/JPY is confirming further consolidation interior the inside day with 152,70 – 149,70 still the levels to follow in the coming hours. Only a daily closing below 149,70 will favour a retest of the 146,50 area!! 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 for now. While below 152,60 we expect this cross to resume the decline , scenery still confirmed by a negative reversal suggesting a potential target at 146,33!! We stay short!
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Future Trend Research