GBP/JPY rose to 183.79 last week but retreated notably since then. Initial bias remains neutral this week first. For now, the favored case is still that correction from 186.75 has completed at 178.02. Above 183.79 will resume the rise from 178.02 to retest 186.75 high. However, break of 181.23 will dampen this view, and turn […]
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