GBP/JPY’s strong break of 158.19 resistance last week confirmed resumption of larger up trend. Initial bias stays on the upside this week. Next target is 61.8% projection of 136.96 to 158.19 from 150.95 at 164.07. On the downside, however, break of 159.01 minor support will tun intraday bias neutral, and bring consolidations first, before staging […]
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