Long - GBPJPY
I suspect we will see GBPJPY pushing up to 161.00 as the next price target, having found support around 155.5. In Nov / Dec 22 we saw a very similar move, visible on the 4HR. If the pair fails to break 161.00 it could open up 150 on the downside. However if resistance at 161 isn’t overly strong, we could see a near term run up towards 168.00.
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