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December 8, 2024

GBP/JPY Weekly Outlook: Stability Amidst Fluctuations

The GBP/JPY currency pair edged lower to 188.07 last week, continuing the decline from a high of 199.71, but has since shown signs of recovery. The initial bias remains neutral this week as traders assess the situation.

Market participants should consider the fluctuations while strategizing their trades.

In summary, GBP/JPY presents interesting dynamics, offering opportunities in a neutral trading theme.

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