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GBP/JPY eyes upper 190s targets, GBP buoyed by UK wage inflation pick-up

Wednesday, June 17, 2015 12:44 PM UTC

GBP/JPY upper 24-month Bolli at 195.90 & top of up channel from Apr at 197.39 today
GBP gains accelerate from UK wage inflation pick-up & Grexit haven flows
Yen sold by RM & as Trade data show yen slide isn't helping export volumes yet
161.8% Fibo-projected top off Mar '03 low is at 198.35; Long-Term 61.8% is 199.79
Fresh daily uptrend buy signals last week & Bolli expansion this week underpin

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GBP/JPY eyes upper 190s targets, GBP buoyed by UK wage inflation pick-up

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