- GBP/JPY next key historical hurdle is the Mar '08 spike low at 192.46
- 61.8% of the '07-'11 drop & 161.8% off the '11 base are at 199.79 & 198.35
- Those bullish structures retrace well to key '14 lows
- Post UK election lift, hopes MPC will tighten in time & yield spreads underpin


GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
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EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High
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