GBPJPY is trading Over 161.75 in the positive direction and that’s give the momentum to reach its 1st target for today around 162.50 and if it breaks over 162.75 that will push the price to reach its 2nd target around 163.50
Only the break Under 161.50 would change this view and market direction to reach as Low as 160.75 as its 1st target and if it breaks Lower than 160.50 that will open the door to reach its 2nd target around 159.80
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