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GBP/JPY Price Forecast: sellers take control below 50-day SMA

The GBP/JPY retreats on Wednesday as the cross-pair fails to climb past 216.00 and fell beneath the 50-day Simple Moving Average (SMA) of 125.56. The cross-pair trades at 214.25 down 0.37%.

GBP/JPY Price Forecast: sellers take control below 50-day SMA

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