GBP-JPY Under Bullish Pressure
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK ( fxtechstrategy.com) -- GBP-JPY continues to press higher maintaining its short-term uptrend and targeting its major resistance at the 135.09 level.
Further upside offensive above here will call for a run at 136.97 level followed by its April 2011 high at 139.99. Its daily RSI is bullish and pointing higher suggesting further strength.
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