(152,90) The GBP/JPY confirmed on Friday a session of consolidation forming a new inside day with 155,75 – 151,65 the levels to follow in the coming hours. A daily closing below 151,65 will support a larger correction toward 146!! The indicators of the daily chart are well negative but those of the weekly one are still above the line and even a little overbought, still. The indicators of the s/t charts are mixed supporting further consolidation. While below 154,85 we expect further weakness toward 151,51. We wait for a decent rebound to sell!!
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