USD/JPY had another good session on Thursday in order to clear above the 79 handle. The market looks like it is now running towards the 80 handle, and then at that point we are going to have to rethink the situation. The 80 level will be crucial.
The GBP/USD pair finally managed to close above the 1.57 level after trying for several sessions in a row. This shows that the pressure to the upside continues to build, and we think this market goes higher eventually. However, we need to clear 1.58 first.
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