GBP/JPY Mid-Day Outlook

<p>Daily Pivots: (S1) 133.50; (P) 134.12; (R1) 134.42; More… GBP/JPY’s break of 132.40 support suggests that corrective rebound from 135.47 has completed. Intraday bias is turned back to the downside for retesting 123.94 low. Decisive break of 122.75/123.94 support zone will resume larger down trend. On the upside, in case of another rise, upside should […]</p>
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