GBP/JPY’s rally from the Feb. 15 low of 141 sees to have run out of steam, as the pair created a doji candle on the daily chart – a sign of bullish indecision.
A close above 148.27 (Doji high) would imply a continuation of the rally from the low of 141.00.
However, a close below 146.98 (Doji low) would signal a short-term bullish-to-bearish trend change.
Daily chart
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Trend: Neutral
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