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GBP/JPY Price Analysis: Bulls keep the reins above 139.00 ahead of UK GDP
GBP/JPY defies the previous day’s U-turn from 139.50 while bouncing off 138.85.
Sustained trading beyond 61.8% Fibonacci retracement keeps bulls hopeful.
Sellers will wait for a clear break below 200-day SMA, an eight-month-old falling trend line.
GBP/JPY picks up the bids near 139.10, up 0.10% on
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