(152,15) The GBP/JPY is still finding good support above 150,75 favouring yesterday another test on the upside. The closing was however below the resistance of the range of the past few sessions at 152,25. The indicators of the daily chart are still positive and this morning also those of the s/t ones are above the line suggesting some upside potential. In the hourly chart we have however still a negative reversal situation limiting the upside and suggesting a possible return toward the 150 level. The downside potential is however also limited with the possible target at 150,33!! We stay on the side-line while remaining short!!
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