The GBPJPY attempted to push higher yesterday, slipped above the trendline resistance (red) and topped at 151.18 but further bullish momentum was rejected as the pair whipsawed to the downside and closed lower at 149.77 and go back below the trendline resistance. The bias is bearish in nearest term targeting 149.02 – 148.60 key support area. Immediate resistance at 150.40. Break above that area should lead us into no trading zone.
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