According to Bloomberg, the inflation rate dropped to the lowest in five years.
I closed my GBP/JPY short position around an hour ago at 173.424, netting in around 50 pips from Friday night. The resistance at 173.517 broke and upside is expected short term wise. In addition, there are a number of high importance economic data out tomorrow, including the FMC asset purchase votes and official bank rate votes.
I wanted to upload a screenshot of the chart but my webtrader is not working for the time being.
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