GBP/JPY gyrated lower last week but stays above 163.02. Initial bias remains mildly on the downside this week for 163.02. Decisive break there will resume the whole fall from 172.11, and target 100% projection of 172.11 to 163.02 from 168.99 at 159.90. For now, risk will stay on the downside as long as 167.40 minor […]
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