GBPJPY - Long

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As of 22 Jan 2025, the market sentiment for GBP/JPY is mixed but leaning towards bullish

The current support levels are around 190.5, 190.0, and 189.5, while resistance levels are at 192.5, 193.0, and 194.0. The pivot point is at 191.8, and the market price is above this pivot point, supporting a bullish scenario

Overall, while there are some concerns about overbought conditions, the strong trend indicators and momentum suggest a positive outlook for GBP/JPY at the moment.

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