Daily Archives: June 5, 2014

GBPJPY TECHNICAL ANALYSIS

GBPJPYThe pair is in the convergence ratesfor the past six months Stands to move upwill be a rush to the area 189 for my opnionLevels of support for the move lies in 168.70Further rise could be seen to 173.60 resistance. Overall, the consolidation pattern from 174.84 is still in progress. On the downside, support comes in at the 170.40 level…

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