Daily Pivots: (S1) 156.57; (P) 157.30; (R1) 158.22; More… GBP/JPY’s break of 161.22 resistance suggests short term bottoming at 155.33. Intraday bias is back on the upside. Sustained trading above 55 day EMA (now at 162.39) will argue that whole correction from 172.11 has completed. Further rally should then be seen back to 169.26/172.11 resistance […]
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