GBP/JPY’s extended decline last week indicates that rise from 1.3139 has completed with three waves up to 1.3675. But with a temporary low formed at 1.3334, initial bias is turned neutral for consolidations. Upside should be limited below 1.3473 support turned resistance to bring another below. Below 1.3334 will target 1.3272 support. Decisive break there […]
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