After two days of volatile movement in GBPJPY its recovered well today and currently trading in a positive territory with positive movement of 0.80% at 170.28. Technically now on daily charts GBPJPY having a strong resistance at 170.40. Now if GBPJPY sustain above 170.40 then it will move up to 172.00 while on the bottom side strong support at 168.80.

Thanks
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