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GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
FxWirePro USD/CAD steadies around 1.3910,retains bid tone 
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FxWirePro- Major European Indices 
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Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
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FxWirePro: GBP/NZD gains some ground but outlook is bearish 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
• GBP/NZD rose sharply on Friday as GBP benefited from weaker New Zealand dollar, ECB accommodation and upbeat US CPI data, brushing off lower than expected UK GDP figures.
• The is pair heading towards the 1.9866 (23.6% fib), as near term direction of the pair is likely to be driven by current price action.
• Technical are strongly bullish, daily RSI is positive at 26, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.9833 (Daily high ), any close above will push the pair towards 1.9866 (23.6% fib).
• Strong support is seen at 1.9797 (38.2%fib) and break below could take the pair towards 1.9745(50%fib).
Recommendation: Good to buy around 1.9800, with stop loss of 1.8710 and target price of 1.9870
