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GBP/JPY 1H Analysis – June 9, 2025

Price is approaching a key supply zone around 196.00–196.50, which previously acted as strong resistance. The pair has rejected this level once again after a sharp bullish move.


If the zone holds, we could see a short-term pullback or reversal. A clean break and retest above 196.50 may signal continuation toward new highs.


Watching for price action confirmation before entering either side. This area is crucial for short-term direction.
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