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GBP/JPY Each day Outlook


Each day Pivots: (S1) 183.32; (P) 183.61; (R1) 183.99; Extra…

Intraday bias in GBP/JPY stays mildly on the upside at this level. Present up pattern ought to goal 138.2% projection of 148.93 to 172.11 from 155.33 at 187.36. On the draw back, break of 182.12 minor help will flip bias again to the draw back for deeper pull again first.

Within the larger image, up pattern from 123.94 (2020 low) is extending. Subsequent goal is 195.86 (2015 excessive). For now, medium time period outlook will stay bullish so long as 172.11 resistance turned help holds, even in case of deep pull again.

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