GBP/JPY in Bullish Continuation Breakout

February 5, 2013 by  
Filed under FX News

Breakout: GBP/JPY has been consolidating in the short-term since last Thursday (1/31). Today (2/5), we see a break above the 146.60 high, a bullish continuation signal. The breakout looks good unless there is a break below the middle of that broken range, at about 145.80. A conventional breakout projection using

Technical Analysis

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