GBPJPY News

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Last Updated Date: 3 May 2021 @ 9:48 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPJPY market is short term bullish and holds potential for a move to 152.40. Despite Friday’s back off and close, trade is positioned for pressing rallies and close over last week’s high could spark advances. Corrective dips and congestion holding 150.60 should quickly return to rallies. Closes under 150.60 and 150.30 are needed for a short term peaking turn for retracement selloffs.

 
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