GBP/JPY’s rally from 178.32 resumed by breaking through 186.14 temporary top. Intraday bias is back on the upside for retesting 188.63 high next. On the downside, below 185.79 minor support will turn intraday bias neutral and bring consolidations first. But further rally is expected as long as 184.15 resistance turned support holds.
GBP/JPY is staying in tight range despite today’s dip and intraday bias remains neutral. Further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63.
GBP/JPY is staying in tight range despite today’s dip and intraday bias remains neutral. Further rally is in favor as long as 182.73 minor support holds. Corrective pull back from 188.63 should have completed. Above 186.14 will resume the rebound from 178.32 to retest 188.63.