FX:GBPJPY   British Pound / Japanese Yen
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The market has tested and retested the resistance zones and the trend line multiple times which has strengthen these zones as well as Throughout the past week market has tested and strengthen the 142 price range. There is clearly a bearish and downward trend as the pound is clearly weakening due to the June 8th UK general elections which shows a tightening position of voter/supporters of the conservatives and labour parties.

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