GBPJPY Targets Channel Support- Longs Favored Above 173.75
Talking Points
GBPJPY at key inflection point / channel support
Scalp bias constructive above 173.75
Limited event risk on tap until next week
GBPJPY Daily Chart
Chart Created Using FXCM Marketscope 2.0
Technical Outlook
GBPJPY trading within well-defined ascending channel formation- bullish
Now testing key Fibonacci/channel support 173.75
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