GBPJPY making bearish Flag

GBPJPY was down on Monday morning after testing the high level of 197.77 in the last trading session as  investors reacted positively to US President-elect Donald Trump’s choice of fund manager Scott Bessent, known for his fiscally conservative views, as Treasury Secretary. Among individual stocks, JD Sports (+3.5%) led the gains, amid signs of recovery following last week’s heavy fall.

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