Daily analysis of GBP/JPY for July 17, 2017

Overview The GBP/JPY pair tests the critical resistance at 147.65 now which represents the neckline of the double bottom pattern. As we mentioned in our last reports, breaching this level will stop the expected decline in our last reports and will push the price to 149.00 and then 150.95 on the near-term basis. Now, the […]