As we notice in the daily chart, the
GBP/JPY prices are trying g to breach the top of Ishimoku cloud at the 130.90
level and we expect it will witness a sharp decrease towards the 129.45 level
and if it succeeds in breaching down this level, the next target would be
towards the SAR support level at 128.58 then to the 126.53 level
As for the key resistance level it
lays at 130.90
We draw the attention of our dear
clients to monitor the support levels of this currency
pair.
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