GBP/JPY targeting 160.92

Long GBP/JPY pair @ 160.20 target 160.92 SL around 159.85

GBPJPY D1 (03-09-2016 1845).png

Cross rebounded from 23.6% Fibo support and now offered tone around JPY is gaining pace on Hamada’s dovish comments.

Cross is likely to target 5-DMA at 160.92

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