More buying in GBPJPY
This pair looks to have had a pullback in preparation for the new month.. GBPJPY has been forming higher highs and higher lows since June 2020 when it bounced from 123.985 demand zone.. It will be unwise to go against the prevailing uptrend. Buyers will look to test previous high(168.346) and proceed towards 189.317 and 195.799... Resistance expected on the mentioned areas. Immediate strong support at 148.924(Tested 3 times) will absorb almost all selling pressure just incase
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