
GBP/JPY is staying in consolidations above 206.85 and intraday bias remains neutral. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level to bring rebound. Considering bullish divergence condition in 4H MACD, firm break of 211.25 resistance should indicate short term bottoming. However, decisive break of 206.10 will carry […]
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