GBP/JPY’s break of 211.25 resistance confirms short term bottoming at 206.85, on bullish divergence condition in 4H MACD. Fall from 219.56 might have completed as a three-wave correction today. Intraday bias is back on the upside for 217.45/219.56 resistance zone. On the downside, however, below 210.15 minor support will dampen this bullish view and turn […]
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