traderh

GBPJPY, 23-03-27, London Session

FX:GBPJPY   英鎊 / 日圓
Bulls have managed to take out Friday's high of 160.80. The next resistance to take out would be psychological 161.00 and 161.40. Taking out 161.40 would invalidate a possible bearish trend.

We may see a short-term bullish trend upwards if 161.40 is taken out.

Extreme resistance lies at 163.30.

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