The GBPJPY cross is holding firm bullish tone after Wednesday’s 1.3% rally (the biggest daily gain since Feb 13) as renewed risk appetite on easing bank concerns deflated yen. Wednesday’s strong bullish acceleration broke through a number of barriers and registered daily close above pivotal 163.04/15 levels (Fibo 61.8% of 166.00/158.26 / 200DMA), generating strong […]

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