Forex Flash: GBP/JPY uptrend incomplete - JPMorgan

FXstreet.com (Barcelona) - Despite broad GBP sentiments remains weak, JPMorgan FX strategists Paul Meggyesi and Thomas Anthonj, still expect the GBPJPY to continue its move higher.

"We see a well established up-trend, which remains intact and incomplete as long as key-Fib.-support between 137.51 and 135.66/134.88 (int. 38.2 % on 3 scales) and pivotal support at 133.49 is defended" the analysts said.