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GBP/JPY Technical Analysis.

FX:GBPJPY   British Pound / Japanese Yen
Currently, GBP/JPY is trading at 132.84. The pair is consolidating in the ascending resistance and support wedges . If it breaks the resistance level at 133.09, the pair may start a new up trend and its target price will be at 134.96. If it breaks the support level at 131.82, the pair may enter into a down trend and its target price will be at 129.58.

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Rishikesh Lilawat

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