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After eight winning daily sessions in a row, the Sterling Pound versus the yen pushed to the lowest price of 143.18 since last September.

Technical Comment: GBPJPY is trading above the support zone of 145.50- 144.95, forming a positive divergence between price bottoms and MACD bottoms, which could give the pair a bullish rebound towards 148.35 - 149.90.

Comment on the Previous Analysis: broke below 145.50-144.95

Expected Daily Trend: Bullish to 148.35 - 149.90

 

Important Levels:

Support: 145.50 - 144.95 - 144.00

Resistance: 147.45 - 148.35 - 149.20

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