GBP/JPY’s late breach of 200.26/32 resistance suggests that rise from 184.35 is resuming. Initial bias is mildly on the upside this week. Sustained trading above 200.32 will target 100% projection of 180.00 to 199.79 from 184.35 at 204.14. Nevertheless, break of 199.57 minor support will delay the bullish case and turn intraday bias neutral again. […]
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