(140,58) The GBP/JPY confirmed another session of consolidation remaining interior the inside day with 143.30 – 137,70 still the levels to follow in the coming hours. In the monthly chart it formed however a negative outside month reversal suggesting further downside pressure. The indicators of the daily chart are still well negative and showing potential positive reversals, while those of the monthly one are positive but already showing potential negative reversals. The indicators of the s/t charts are still above the line also this morning suggesting further upside potential with the 200 hours line at 141,58 still the possible attraction. We are still waiting for higher levels to sell again!!
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