(153,17) The GBP/JPY confirmed a positive closing but it failed to move much higher for now. Only a daily closing above 154,10 will support higher levels! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting higher levels. Only an hourly closing below 152,60 will postpone the positive scenery causing a correction with the 200 hours line at 152,04 the attraction. We favour lower levels but are missing strong signals!
Read the full report: GBPJPY 08.22
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