Technical Analysis – GBP/JPY is looking bullish
GBP/JPY consolidates after reaching an 11-month high of 145.00. GBP/JPY failed to post more gains above the fresh 11-month high of 145.00 that it posted earlier this week and is moving sideways within a narrow range of 144.05 – 145.00 in the 4-hour chart. Currently, the price is developing around the red Tenkan-Sen line suggesting
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