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GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
- Major support – 1.4367 (200 day 4H MA)
- Major resistance – 1.4450 (55 day 4 H EMA)
- Cable has broken major support 1.4367 and declined till 1.4342. It is currently trading around 1.4354.
- On the lower side any break below 1.4365 will drag the pair down till 1.4300/1.4270.
- The pair’s minor resistance is around 1.4400 (4H Tenken-Sen) and any break above targets 1.4450/1.4530 level.
- Overall bearish invalidation only above 1.4600.
It is good to sell on rallies around 1.4365-1.4370 with SL around 1.4410 for the TP of 1.4300/1.4240
