GBP/JPY Weekly Technical Report 30/12/2013-3/1/2014
ecPulse
2013-12-30 09:14AM UTC
The pair is trading positively alongside the previously broken ascending channel support, where we are waiting for GBPJPY to confirm the return within the channel with the breach of 173.75. Trading is confined within a bullish Pennant supporting the extension of upside gains over intraday and short term basis. Upside targets tart at 178.00 and require stability above 172.15.
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