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February 17, 2025

GBP/JPY Analysis: Support Found Around Nine-Day EMA

The GBP/JPY currency pair continues to experience downward pressure, marking its third consecutive losing session. Currently trading near 191.00, technical analysis of daily charts reveals that the pair remains within a descending channel. This signals a prevailing bearish bias. Investors and traders need to analyze these trends carefully when considering their positions in this pair. Ongoing updates and analysis can provide the necessary insights to navigate this market. For further information, visit Entreprenerdly.com.

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