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Forex: GBP/JPY finds support at 142.65, back above 143.00

After falling around 200 pips following the upbeat US nonfarm payrolls and unemployment report, the GBP/JPY found support at 142.65 where the pair has bounced to trade back above 143.00. Currently the pair is trading at 143.22, 0.60% above opening price.

As for technical indicators, the CCI and Momentum are bearish while MACD and Stochastic are neutral in the 1-hour chart. Next resistances are at 143.50, 144.00 and 144.75. On the other side, supports are at 143.00, and 142.65 and 142.30.

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