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GBP/JPY: rising in a strong up-trend

   
The GBP/JPY pair has been rising in a strong up-trend, which remains intact and is expected to continue higher.

Momentum remains strong and the exchange is above all the main moving averages.

The next target higher is at 191.42, followed by 193.33, where the R1 monthly pivot is situated.

A break above the 190.69 highs would increase confirmation that the up-trend was extending.
GBPJPY02

   
The GBP/JPY pair has been rising in a strong up-trend, which remains intact and is expected to continue higher.

Momentum remains strong and the exchange is above all the main moving averages.

The next target higher is at 191.42, followed by 193.33, where the R1 monthly pivot is situated.

A break above the 190.69 highs would increase confirmation that the up-trend was extending.
GBPJPY02



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