The 156 level is extremely important for the pound yen, if price breaks above it and finds support, we will be expecting price to retest the top of the consolidation channel at 160. Otherwise, we can expect to see price retest the bottom of the channel at 149. We are neutral on this pair.
Chart PatternsgbjpyGBPJPYgbpjpyanalysisgbpjpyforecastgbpjpylonggbpjpypredictiongbpjpyshortTechnical IndicatorsTrend Analysis

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