GBP/JPY Technical Analysis.

FX:GBPJPY   British Pound / Japanese Yen
Currently, GBP/JPY is trading at 135.31. The pair may start a new down trend if it breaks the support level at 135.24. Previously, the pair was trading in an up trend by making higher-high lower-low pattern in the resistance and support wedges . If the pair starts a new down trend after breaking the support level , then its 1st target price will be at 133.42 and 2nd target will be at 132.30.

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