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Wednesday, August 2, 2017

GBP/JPY Back at Resistance Ahead of BoE’s Super Thursday

Technical Outlook: We visited GBPJPY last week as prices were approaching this slope line originating off the August 2015 highs with the pair once again testing this region ahead of the Bank of England’s (BOE) ‘Super Thursday’ event. A breach above this zone targets critical resistance at 147.86-148...

GBP/JPY Back at Resistance Ahead of BoE’s Super Thursday

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