A strong bullish rally spoke on GBP / JPY and the rupture of 124 gave us a new buy signal.
All indicators are bullish.
Parity is still evolving over its bullish slant (purple line).
We continue to advise long positions that support is 123.
The breakout of 125 will give a new buy signal and open the way to 126.
In case of return below 126, we will be neutral between this level and 122.50
The break would give 122.50 a sell signal.
All indicators are bullish.
Parity is still evolving over its bullish slant (purple line).
We continue to advise long positions that support is 123.
The breakout of 125 will give a new buy signal and open the way to 126.
In case of return below 126, we will be neutral between this level and 122.50
The break would give 122.50 a sell signal.
