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Xjpy

GBP moves in the view of bullish div technically we see a bullish divergence on hourly macd after 61.6 FR since yesterday upswing since last night Eurex. Continued safe haven outflows from gold and jpy seen EU/US -session onwards, @ daily pivot levels on the upside , for Nikkei index. USD still potential to move up during upcoming overnight/Friday. However , there is resistance through cable supported @ daily neutral EurGbp @ 2-Sigma down channel border in confluence with Daily R2 support, suggesting the pound to move away from overnight sentiment - driven highs, and therefore cable with decent likelihood to test Daily S1 unless EU Inflation data disappoint during Eurex tonight
by kurtlanger

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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