(155,50) The GBP/JPY formed a negative day reversal but only a daily closing below 155,55 will confirm a s/t top favouring a deeper correction. In the hourly chart it formed also a small S_H_S formation with the neck line now resistance at 156,15. The indicators of the daily chart are still well positive but those of the s/t ones turned below the line supporting further consolidation/ correction. While below 156,10 we expect a move toward the 200 hours line , now found at 154,26.
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