(143,50) The GBP/JPY confirmed a positive closing while remaining interior the big negative outside day with 144,90 – 141,80 the levels to follow in the coming hours. A break of the support will favour further and more important weakness suggesting a new 140 undershooting!! The indicators of the daily chart are still well negative while those of the s/t ones are mixed suggesting further consolidation. In the hourly chart we have however potential negative reversal suggesting lower levels but again the signals are not very strong; while below the 200 hours line at 143,89 the scenery will however remain negative!! We stay on the sideline!
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