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GBP/JPY clears overhead resistance

The GBP/JPY 200 SMA, immediate resistance on 4-hour chart, was cleared in recent trading.Quoting below this dynamic hurdle for multilple sessions, GBP/JPY is now targeting the 800-SMA on the upside.

Sell the rallies in GBP/USD – OCBC

Emmanuel Ng, FX Strategist at OCBC Bank has suggested selling the pair on occasional rallies...
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GBP/USD outlook remains bearish – Commerzbank

In the opinion of Karen Jones, Head of FICC Technical Analysis at Commerzbank, the perspective for the pair remains tilted to the bearish side...
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