Cross rates signals: GBP/JPY resumes an uptrend

Cross GBP/JPY, amid risks in the Eurozone and Brexit risks reduction, slowed down the decline and returned to a two-week uptrend. Until the cross has reached the upper limits of the upward channel, it is worth considering deals for purchases from levels 148.20-50. The goals and the main resistance are located at the levels: 149.00-50 and 150.00. The main support is psychology 148.00, consolidation below which will cast doubt on the safety of the uptrend.

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Hanzenko Anton

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