Daily Market Analysis 17.02.2022: GBPJPY

Instrument: GBPJPY Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 156.764 with take profit at 157.013 Bearish Preference: Sell position is envisaged if price trades below 156.415 with take profit at 156.208. Fundamentals:No Major Fundamentals Comment: The GBP/JPY cross quickly recovered around 60 pips from the daily low and was last seen trading with modest intraday …

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