Gbpjpy monthly areas of supply and demand
Currently the price is trying to break yearly high and 2018 open/high at 156.084, it was rejected, found demand at 148.450.. a move above the mentioned price will open a clear path towards 163.591, 194.657,216.429 and 250.080.. it important also to note that GBPJPY had previously dropped from 700.000 price point. You can see that on netdania charts. Okay demand is located around 148.000, yearly open 140.793 and a break below this opens a way towards 132.00, 124.000 and 116.000 areas of buyers.
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