GBPJPY Could go either way

British Pound/Japanese Yen FX:GBPJPY
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At this time, there is a four hour demand zone holding on GBPJPY , the near term future is pretty unclear at this stage depending on price action around this zone. We can see a squeeze of downtrend resistance that may hold the bulls off, while there is a clear support beneath. Waiting and watching for now.

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