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May 7, 2025

GBP/JPY Trend Continues Neutral, Further Rises Expected if Key Support Holds

The outlook for GBP/JPY remains unchanged with the intraday bias staying neutral. Market indicators suggest that further rises are likely as long as the 189.97 support level holds. Analysts remain watchful, as movements around this support can dictate the currency pair’s performance moving forward. Traders should maintain vigilance and adjust strategies accordingly to capitalize on potential price movements in the GBP/JPY pair.

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