GBP/JPY retreated last week as rise from 184.35 turned into consolidations. Initial bias remains neutral this week first and further rally is expected as long as 193.99 support holds. Break of 198.78 will target 199.79 resistance. Break there will target 100% projection of 180.00 to 199.79 from 184.35 at 204.14. In the bigger picture, price […]
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