(141,70) The GBP/JPY confirmed our target at 141,50 but the decline could not be over yet because the cross confirmed with the present decline a S_H_S formation and the neck line was at 143,50, now possible resistance. The possible target is 136,83 and this should be achieved by a weaker DOLL/YEN! The indicators of the daily chart are still well negative supporting lower levels; the indicators of the s/t charts are also negative supporting lower levels. Possible rebounds should find resistance at 142,70 before the 143,50 level!!
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