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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

​​​EUR/GBP slips while EUR/JPY, USD/JPY bounce back from lows​​​

​​EUR/GBP slips as BoE keeps rates on hold while EUR/JPY, USD/JPY bounce back from lows​

EUR Source: Adobe images

​​​EUR/GBP slips

EUR/GBP slid to the June-to-July lows at £0.8398-to-£0.8378 which are offering support. Further sideways trading is at hand while this support area holds. 

Were this not to be the case, the 22 November 2021 trough at £0.8373 would be in focus.

EUR/GBP chart Source: TradingView.com
EUR/GBP chart Source: TradingView.com

​EUR/JPY remains short-term bid

EUR/JPY still has late August low at ¥160.02 in focus.

Minor support can be spotted at the 12 September high at ¥157.51.

EUR/JPY chart Source: TradingView.com
EUR/JPY chart Source: TradingView.com

USD/JPY stabilizes above 9-month low

​USD/JPY's minor bounce from Tuesday's ¥142.46 low reached the ¥143.45-94 region, above which lies the ¥147.21 early September high.

Minor support still sits at the ¥141.70 August low.  

USD/JPY chart Source: TardingView.com
USD/JPY chart Source: TardingView.com

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