GBP/JPY: watch out for a bounce from 183.97

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GBP/JPY pair monthly chart shows the pair is closing above the 50% fib retracement of 183.97.

I see a good long GBP/JPY trade once the pair drops to 183.97, followed by a nice recovery above the same. such a recovery shall could also mark a short-term bottom in the GBP/USD pair.

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