GBP/JPY’s recovery from 124.81 might extend further with 126.61 but it’s still being treated as a correction. Below 126.61 will indicate that it’s completed and will flip bias back to the downside for 124.81. Break will confirm decline resumption for 122.15 support next. On the upside, above 128.40 minor resistance GBP/JPY Daily Outlook

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