For Day 20/100 of our challenge, we will look at GBPJPY upside potential this week.
Technicals - Expecting a simple break and retest of 172.5 pivot zone - Aligns with support zone + 62% fib - Target is at 175
Fundamentals - Expecting GBP to gain some strength on the back of positive UK data and optimistic pricing in of BoE hikes - JPY to remain on pressure as BoJ remains dovish policy stance and a few more ways to go before considering shifting
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