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FX Desk

GBP/JPY Price Forecast: Evening star puts 207.00 back in play

GBP/JPY Price Forecast: Evening star puts 207.00 back in play

GBP/JPY makes a U-turn and loses about 0.39% on Thursday as risk appetite improves, while traders await a potential rate hike by the Bank of Japan (BoJ) later in Friday’s session. The cross-pair trades at 208.32 after reaching a high of 209.19.

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