H1 GBP JPY Important Point Of Resistance
After a small test above the resistance, while the Asia markets were in session this pair has pulled back below. Currently waiting on the close of the H1 candle which is sitting right on the line, This should give an indication of the direction to come. If it pulls back in the London session it could return to test the lower support before continuing the trend back up to the the distribution levels around 147.
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