GBPJPY Switches to Losses Near 8-Year High

<p>GBPJPY turned red after its one-week-old 3.2% rally reached an 8-year high of 186.45 near a trendline area. The longer-term ascending line from May 2021 and the shorter-term upward-sloping trendline from October 2022 cemented that ceiling, sending the price slightly lower on Thursday. The pair continued to weaken during Friday’s early European trading hours, heading towards […]</p>
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