GBPJPY's corrective recovery from 123 lows extended higher the previous week as the currency ended with some bulls pushing an uptrend in price, GBPJPY seems to have found and created support in the previous week, I expect this trend to continue up until somewhere around 138-140 before we might see some exhaustion.
Could this be a corrective phase for a further downside or the bull market is here ? Time would tell if the resistance level at 147 is broken or rejected.
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