(142,95) The GBP/JPY is still consolidating interior the negative outside day with 144,25 – 141,90 still the levels to follow in the coming hours. Only a daily closing below 141,90 will support lower levels!! The indicators of the daily chart are still below the line but those of the s/t ones are positive this morning supporting some upside potential. An hourly closing above 144,15 will confirm a positive reversal suggesting a s/t target at 145,80!! We stay on the sideline waiting for confirmations.
Click here to read the full report: GBPJPY 03.14
Future Trend Research