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On the 4 hour chart, we can see that the GB/JPY pair is moving upslope. It is trying to reach the 136.44 - 136.60 levels. Please, pay attention to the 135.39 level. This scenario is unlikely to occur if the pair declines and closes bellow 135.39.
The overall bias for GBP/JPY is bullish.
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The material has been provided by InstaForex Company - www.instaforex.com