GBPJPY has rallied to a high so far today of 131.52 where it looks as though it's undergoing a small correction within its overall corrective rectangle. I'm still long from 129.35.
I expect stronger resistance at the top of the corrective channel at 132.10 as there is also some former price resistance coming in there. 133.39 would be next after that. Support should hold at 130.13 if it gets that low. I'll probably add to my position if it drops to 130.88/68
Here's the three-hour chart.
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