TECHNICAL ANALYSIS BY NSFX 19.07.2015
The rate last week made a pullback on the 55EMA and rose above the 21SMA. It might test the multiple top at 195.85 and above this level should reach the psychological area 200. In case GbpJpy should retrace below 190 it might test the demand line generated 4 months ago. The 200SMA is below this dynamic support and at the moment is near 184.