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GBPJPY News

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Last Updated Date: 16 March 2022 @ 11:16 AM (UTC)
*Please note that all the dates are in GMT time zone

The surge higher last week puts trade in a bull run that could extend the moves to the 155.30 area. Trade is poised for rallies ⇒ 156.80. Be careful for a corrective pullback from 154.90. Trade should hold over 154.90 to keep upside bull forces. Close under 153.40 signals a topping / reversing turnover.
 
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Whilst leverage enables traders to magnify their profits on successful trades, it is possible to sustain significant losses,around 78% of retail investor accounts lose money when trading CFDs.