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GBP/JPY Price Forecast: Gains momentum to near 197.50, bullish outlook remains intact
GBP/JPY strengthens to around 197.50 in Wednesday’s early European session, adding 0.16% on the day. The constructive outlook of the cross remains intact above the key 100-day EMA, with the bullish RSI indicator. The immediate resistance level emerges in the 198.90-199.00 zone; the first support level to watch is 196.28.
5 Minutes Ago