GBP JPY fluctuates inside the channel 8/2/2013
Economies.com
2013-02-08 08:06AM UTC
The pair achieved 148.00 in yesterday’s trading without holding around this level around 147.00 to keep 148.00 as an obstacle against the bullish bias.
In general, the price remains within the bullish channel level if the channel support level at 145.45 remained intact, to accomplish the initial target level at 148.80 during the near and medium period.
Expected trading range is between 145.60 and 148.80
Expected trend: bullish
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