GBP JPY returns to the bullish channel 25/1/2013
Economies.com
2013-01-25 06:44AM UTC
The pair achieved a clear positivity in yesterday’s trading to surpass 141.90 to turn back to the bullish channel as appears in the above chart reaching 142.85.
Holding inside the bullish channel by 142.10 stability makes us expect the continuation of the bullish bias control again to achieve 144.50 in the near period.
Expected trading range is between 142.00 and 144.50
Expected trend: bullish
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