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GBP/JPY: Intraday Analysis & Setup update

The Japanese currency also remained on watch for possible intervention as it holds near a one-year low against the greenback. Traders remained on alert for potential intervention in the Japanese currency, which is near a one-year low of 151.74 reached last week. The yen is on track for its worst week since August, with the dollar gaining 1.48% against the currency this week.

 

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