GBP/JPY suffered a minimal dip on Tuesday after hitting a fresh two-month high at 185.95 and exchanging hands at 184.92, with buyers surrendering the 185.00 figure amid a risk-on impulse. The pair is neutral to slightly upward biased after the pair broke above the latest cycle high reached in October 31 at 184.29, which opened the door for further upside. If the cross-pair reclaims the 186.00 figure, that can open the door to challenge the year-to-date (YTD) high at 186.76. However, if GBP/JPY drops below 184.00, that could exacerbate further losses, with key support levels in play. The first support would be the ... (full story)