Cross-rate signals: GBP/JPY remains under the pressure

The GBP/JPY cross remains under the pressure from political risks and a general downtrend. A resumption of the decline in this pair can be expected when breaking through the support zone: 128.30-00. This will indicate a resumption of the decline of the pound against the yen to support levels: 127.50 and 127.20. Resistance levels are located at marks: 128.60 and 128.80.

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Hanzenko Anton

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