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GBPJPY topped out at multi-month highs.....>

STERLING
STERLING: GBPJPY topped out at multi-month highs of Y148.87 yesterday, before
retracing back under the Y148.00 level. Down trendline resistance off the May 17
2018 high remains the focal point for bulls at Y149.07, expect resistance at
Y149.25/30 from a previous series of highs, with stronger behind protecting the
psychological Y150 level. Near-term support comes in today at Y146.90 from the
38.2% retracement of Y143.72-148.87. GBP could drift today with traders squaring
positions ahead of the weekend press.    

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