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- GBP/JPY has broken trend line support around 183.40 which confirms short term weakness, a decline till 182.50/182 cannot ruled out.
- It has made a high of 184.12 and started to decline from that level. Further bullishness only above 184.40.
- The pair's minor resistance is around 183.65 and break above targets 184.10/184.40.
It is good to sell on rallies around 183.25-30 with SL around 183.70 for the TP of 182.60/182
