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The GBPJPY faces a difficulty to rise– Forecast today – 11-7-2025

Summary by bipns.com
The GBPJPY pair began forming bullish wave achieving 199.45 level, but the contradiction of the main indicators and forming an extra barrier might reduce the chances of resuming the bullish attack in the current period.   The stability of the price below the extra barrier, we will begin preferring the bearish correctional trading, which might target 198.20 level reaching 61.8%Fibonacci correction level near 197.45, forming an important support…
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bipns.com broke the news in on Friday, July 11, 2025.
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