(154,65) The GBP/JPY confirmed a strong closing compared to Friday’s one but still failed to move above 155, for now at least! The indicators of the daily chart are still well positive as well as those of the s/t ones supporting further strength. Bearish divergences confirm a positive tone. However before eventually moving higher we favour a firm correction with the 200 hours line at 152,89 the attraction!! We stay short for this possible correction!
Read the full report: GBPJPY 09.03
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