(155,72) The GBP/JPY is still well bid above 155 but it failed to confirm a new high, at least for now. Only a daily closing below 154,95 will confirm a s/t top supporting a deeper correction and postponing any further move up. The indicators of the daily chart are still well positive but those of the s/t ones are showing a mixed picture suggesting further consolidation/ correction. While below 155,90 on an hourly closing we expect a move lower toward the 200 hours line , now found at 154,97. We expect lower levels, scenery supported by potential negative reversals!!
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