Despite a brief breach of 175.86, GBP/JPY quickly recovered. Intraday bias stays neutral as current consolidation might extend. But still, as long as 180.93 resistance holds, deeper decline is still expected. Below 175.86 will extend the fall from 189.70 to retest 168.01 key support level. Meanwhile, break of 180.93 will bring stronger rebound first.
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