GBPJPY: Slanting Support can challenge the Buyers.

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GBPJPY upward slanting trend ready to challenge the Buyers’. In a daily time-frame, If the pair drop beneath the 144.100, the support breakout may highlight the price ranges 143.700 & 143.150. However, the 142.60-50 support-zone may confine the pair’s following downside. In this case, the 141.300 will be the next target for the price range.

On the contrary, the 145.30 and the 145.55 will be the target if it reversed from the current trend the resistance has to tackle in order to aim for 146.00 round-figure.

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