Onwards and upwards for sterling as key level is broken

We saw a hugely significant break of a major resistance level in GBPJPY last week, which should now prompt the second wave of yen weakening, with the next major target being 163.0. So far this week, we have seen a small retracement, as the pair retests this level as a new area of support, and so …

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Onwards and upwards for sterling as key level is broken

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