GBP/JPY Price Analysis: Failure to breach last week high gave way for bears, falls below 157.00

1/13/2022 9:55:00 PM

On Thursday, the GBP/JPY falls for the second consecutive day, retreating from weekly highs around 157.70s, down close to 100-pips in the day. At the

Gbpjpy, Crosses

GBP/JPY Price Analysis: Failure to breach last week high gave way for bears, falls below 157.00 By christianborjon GBPJPY Crosses Technical Analysis

On Thursday, the GBP/JPY falls for the second consecutive day, retreating from weekly highs around 157.70s, down close to 100-pips in the day. At the

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Information on these pages contains forward-looking statements that involve risks and uncertainties.Information on these pages contains forward-looking statements that involve risks and uncertainties.If the pair is unable to overcome the resistance level, then it is too early to talk about a reversal.Information on these pages contains forward-looking statements that involve risks and uncertainties.

Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. At the end of the day, the pair consolidated above the level of average prices and tonight continued weak growth to the level of $0. It also does not guarantee that this information is of a timely nature. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress.

All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.80, then one can count on a recovery to the POC line ($0. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned.7979 at press time. The author has not received compensation for writing this article, other than from FXStreet. The author has not received compensation for writing this article, other than from FXStreet. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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