Daily analysis of GBP/JPY for November 29, 2017

Overview The GBP/JPY pair managed to test the key support yesterday by declining towards 147.35. Following this sharp move, the pair started forming strong bullish waves to settle around 149.00 level. This reinforces our bullish outlook. Please note that stochastic’s rally above 50 will confirm the domination of the expected bullish bias. Therefore, we will […]