(153,65) The GBP/JPY is still confirming further consolidation interior the inside day with 155,75 – 151,65 still the levels to follow in the coming hours. Only a daily closing below 151,65 will support a larger correction toward 146!! The indicators of the daily chart are still well negative while those of the s/t charts are also still showing a mixed picture supporting further consolidation. While below 154,65 we expect further weakness toward 151,51. We stay on the sideline.
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