GBP/JPY Forecast June 29, 2016, Technical Analysis

GBP/JPY  rose slightly during the course of the day as the 135 level offered support. This was a bit of a bounce, we are simply consolidating above the 135 level in order to build up enough momentum to break below, in my estimation. There is still  gap above that needs to be filled, so we could see buyers continue to press the issue. Ultimately though, I believe that GBP/JPY would be easier to sell on short-term rallies. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the