Friday, April 29, 2011

GBP/JPY Daily Outlook

At this point, GBP/JPY's rebound fro 132.98 is still in favor to continue and intraday bias remains cautiously on the upside for 139.99 resistance first. On the downside, below 134.06 will turn bias neutral again and bring more consolidations. But after all, note that with 132.96 support intact, we'd stay

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