GBP/JPY Technical Analysis

(148,85) The GBP/JPY confirmed also yesterday further consolidation remaining interior the inside day with 150,80 – 147,00 still the levels to follow in the coming hours. A possible break of the support will favour further weakness with the 200 days line at 140,35 the attraction. The indicators of the daily chart are still well negative while those of the s/t charts are mixed suggesting further consolidation/ correction with the 200 hours line at 150,46 the top!! We wait for further confirmations but overall expect this cross lower!!

Read the full report: GBPJPY 06.18

 

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