
GBP/JPY is still bounded in consolidations below 219.56 and intraday bias remains neutral. Downside should be contained by 216.39 support to bring another rally. On the upside, firm break of 219.56 will extend larger up trend to 220.90 fibonacci projection level next. However, firm break of 216.39 will bring deeper decline towards 212.36 support instead. […]
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