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GBPJPI near oversold levels

As RSI appears to be approaching or near oversold levels, it suggests that a short-term pullback or consolidation may occur. Look for a retracement at the 190.9 - 191.5 levels
Recent levels around 190.00-192.00 now act as strong resistance. Any pullback towards these levels could offer shorting opportunities if confirmed by bearish signals.



Trend Analysis

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