(158,30) The GBP/JPY confirmed a strong closing last night above the 156,80 level supporting further upside potential toward 163,76, next m/t target! The indicators of the daily chart are still well positive and this morning also those of the s/t ones are positive supporting further strength. The slope of the move up is however getting a little too steep and this could become a problem. We stay on the sideline
Read the full report: GBPJPY 09.11
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