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Will GBP/JPY Break the 200.000 Level? A Bullish Outlook

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The pair GBP/JPY trading near the key horizontal resistance zone around 200.000. A breakout and sustained move above this level could signal a continuation of the bullish trend, targeting higher levels.

The ascending trendline below serves as strong dynamic support, indicating buyers' interest. Invalidations occur if the price closes below the trendline.

DYOR, NFA

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