A rise to 140.700 is in the cards for GBPJPY

Much like its brother GU, GBPJPY is ready to test the highs again. Only reason it is not trading at 140.xxx at the moment is due to JPYUSD being strong.

GBPJPY will continue to hold its own as a JPY pair due to optimism in finally resolving the EU-Brexit deals once and for all.
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