GBPJPY is facing bearish pressure from our first resistance at 144.95 where we might see a drop in price to our first support level at 143.81. Stochastic is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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