GBP/JPY Price Forecast: British Pound faces a cluster of resistance near 213
GBP/JPY trades with a modest bullish bias on Tuesday but struggles to build on the previous day’s 0.32% gain. At the time of writing, the cross trades around 212.44, up 0.09% on the day, with the 100-day and 200-day Simple Moving Averages (SMAs) near 213.00 capping the immediate upside.
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