(152,65) The GBP/JPY confirmed on Friday a session of consolidation forming a new inside day with now 153,35 – 151,35 the levels to follow in the coming hours. The indicators of the daily chart are well positive but those of the weekly one are still below the line for now. The indicators of the s/t charts are instead still showing a mixed picture suggesting further consolidation. Last week the cross formed bearish divergences supporting a positive tone. While above 151,75 on an hourly closing we expect further strength toward a possible target at 153.34. We stay on the sideline waiting for stronger signals
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