GBP/JPY edged higher to 199.79 last week but retreat again. Initial bias stays neutral this week first for more consolations. Further rally is expected as long as 55 D EMA (now at 194.26) holds. Above 199.79 will resume the rebound from 180.00 to retest 208.09 high. However, sustained break of 55 D EMA will argue […]
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