GBP JPY Cling to its moderate gains
9/13/2017 10:15:39 AM
The GBP/JPY cross cling to its modest gains and at present located at fresh one-month tops, around mid-146.11s.
Bulls would be eyeing for a constant move beyond 146.73-85 area, above which the cross is probable to exceed the 147.08 handle and head towards testing its next major hurdle near 147.63 level.
On the other hand, any profit taking slip below 146.44-34 area now appears to find support near the 146.03 handle, which if broken might cause a corrective slide towards the key 145.11 psychological mark.
FOREX market analysis by FxErvin.