(142,62) The GBP/JPY confirmed another session of consolidation remaining interior the big negative outside day with 144,90 – 141,80 still the levels to follow in the coming hours. A break of the support confirmed by an hourly closing will favour further and more important weakness suggesting a new 140 undershooting and we expect lower levels!! The indicators of the daily chart are still well negative and also those of the s/t ones are below the line supporting further weakness. Bullish divergences in the hourly chart confirm a negative tone! Only a return above 143,85 will postpone the decline favouring another rally toward 145, move that we expect to be corrective!! We stay on the sideline!
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