GBPJPY Chart Technical Outlook

GBPJPY Chart Technical Outlook is consolidating after a nice pullback on the strong Pound sterling. It hit a high of 183.814 and is currently trading at around 183.61 The near-term resistance is around 184, a breach above targets 184.60/185/186. The immediate support is at 183.30, any violation below will drag the pair to 182.50/181.50/180.70/178/176.50.

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