#GBP/JPY#It seems like GBP/JPY is consolidating within a range and staying below the 198.84 level. This suggests that the market is indecisive at the moment, with neither the bulls nor the bears able to take control. The neutral intraday bias indicates a wait-and-see approach, and the pair could continue to move sideways unless there’s a breakout or breakdown from the current range.
If GBP/JPY manages to break above 198.84, it could target higher resistance levels. On the flip side, if it fall
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