GBP/JPY Morning Technical Report 30/7/2014
ecPulse
2014-07-30 08:43AM UTC
The pair is trading sideways within a tight range below 173.00. The pair still couldn’t confirm the breakout from the range between 172.50 support or 174.25 resistance to clearly define the next move. A breakout lower will extend bearishness toward 170.00 while a breach of the resistance will assist the pair resume the general uptrend targeting 178.00.
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