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(GBP/JPY)


The pound consolidated against the Yen yesterday as investors reduced their carry trades, the technical indicators are showing an upside potential as the pair resides in an oversold area, the next target is set to be at the 215.60s, and the point at 213.85 seems to offer good demand for the pair.
 


 

Support214.40213.85213.43213.02212.40
Resistance
215.00

215.54

216.22

216.68

217.30

Recommendation

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