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The GBPJPY pair confirmed its affection by the bearish bias domination, reaching the moving average 55 confirming the stability of the resistance at 150.80, therefore, we will keep waiting for renewing the bearish attempts and targeting 147.35 level, easing the attempt to test the main bullish channel’s support at 146.00. Stochastic continuation for providing negative trading below 50 level increases the negative pressure by the continuation of providing the negative momentum, to ease the attempt to record the waited targets.
