GBP/JPY Classical 05.05
GBP/JPY: As we had anticipated in recent commentary, the market was unable to hold onto gains above 145.00, with a sharp bearish reversal ensuing, to put the pressure back on the downside. However, overall trade remains extremely choppy and no positions are recommended at current levels. Key levels to watch above and below come in by 145.90 and 139.00 respectively.
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