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GBP/JPY closes day above key SMA

GBP/JPY has traded above a key technical indicator for the first time in a month.

GBP/JPY crossed above the 200 simple moving average, a technical hotspot on the daily chart. Market participants haven't seen this pair-indicator cross on daily charts for at least a month.

Has the correction in USD/SGD run its course?

Has the correction in USD/SGD run its course?
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