GBP/JPY was still bounded in consolidation pattern from 196.38 last week. Initial bias stays neutral this week first and further rise is expected with 191.86 support intact. Firm break of 196.38 will resume whole rally from 184.35 to 199.79 resistance, and possibly further to 100% projection of 180.00 to 199.79 from 184.35 at 204.14. In […]

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