Technical analysis of GBP/JPY for August 14, 2015
GBP/JPY is expected to trade with bullish bias. The pair stays above its key support at 193.65 and is moving sideways around its 20- and 50-period intraday MAs. And the intraday RSI is above 50 lacking downward momentum. Thus, even though a continuation of the consolidation cannot be ruled out, its extent should be limited. […]