GBP/JPY rose further to 213.28 last week. But subsequent selloff from there argue that the rebound fro 207.20 has completed as a three-wave corrective move. Initial bias is mildly on the downside this week for 209.15. Firm break there will solidify this case and target 207.20 next. On the upside, however, above 213.28 will target […]
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