GBP/JPY H4
The cable found a good support this week but it may remain bearish since it break it's channel. The resistance now is at 2.0190/200 (23.6 Fibonacci level).
The yen strong find resistance and it seems to reverse now. Next target for the Yen is the FE 61.8.
GBP/JPY closed just above the FE 61.8. We'll see if the support hold next week, otherwise we may see another bearish to 221 area (FE 100).
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