GBP-JPY weekly it has been in a nice harmonic up trend since nov/2012, simple moving averages(30/50.100) lookin more like trend lines, very smooth and all pointing to the up side
the 30 SMA as been a good strong support
however looking at the daily (top)chart the MACD has crossed, histogram show negative.it could be the beginning of down trend or just a deep retrace to 167.00,,or the 50 day SMA on the weekly chart
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