GBPJPY: Having capped at the 184.45 level to tumble lower during Friday trading session, GBPJPY faces further pullback risk. On the downside, support comes in at the 182.00 level where a violation will aim at the 181.00 level. A break below here will target the 180.00 level followed by the 179.00 level. Further down, support lies at the 178.50 level. On the upside, resistance lies at the 184.10 level followed by the 185.00 level where a break will aim at the 186.00 level. A cut through here will aim at the 187.00 level. All in all, the cross remains biased to the downside nearer term on price failure.
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