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GBP/JPY drops to test November low

FXStreet (Córdoba) - GBP/JPY</a> dropped recently to 181.07, to test November lows but the pound managed to hold and rebounded modestly. Currently trades at 181.85/90, down 0.17% for the day so far.

GBP/JPY reverses from above 183.00

During the Asian session the pair climbed to 183.38, reaching the highest price since last Wednesday but failed to hold and turned to the downside. Dropped below 182.00 and also under Friday’s closing price.

The pound continues to consolidate against the yen after the rallying from 174.00 to 184.65. GBP/JPY was rejected from above 184.00 and started to make a modest bearsih correction, that so far has found support above 181.00.

AUD/USD downside contained 0.8720

AUD/USD surrendered intraday gains and dipped into negative territory for the day after being rejected by the 0.8795 area where it peaked during the Asian session.
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