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(GBP/JPY)


The Pound declined yesterday against the Yen as investors reduced their Carry Trades, yet it started to incline back since early this morning, the general trend remains well to the upside, and the technical indicators are still showing an upside potential for the pair to reach the next target at 230.30s, and the point at 226.08 seems to offer good demand for the pair.
 


 

Support226.86226.58226.08225.53225.03
Resistance
227.35

227.69

228.02

228.46

228.79

Recommendation

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