The GBP/JPY rose massively today, as traders got the green light to take risks in the various financial markets around the world from the Federal Reserve. As long as the central bank is willing to be accommodative, the markets will react well. This in turn tends to affect the GBP/JPY pair in a positive way. The 135.50 area has proven itself, and this currency pair should rise from here. Look to buy on a break of today’s high, or on a pullback.
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