Gbpjpy has tried to break 200 resistance several times now and overall trend is still bullish with some pullbacks. If Gbpjpy is able to break its 200 resistance it will test 211.

Buy position at 201 after retest with tp each horizontal ray as plotted on chart and sl according to your risk.

If it fails to break resistance than sell Gbpjpy at 197 after retest with tp as given on chart and sl according to your risk.
Trend Analysis

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