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kier.hetherington
Jul 20, 2017 4:33 PM

GBPJPY Shorts Short

British Pound/Japanese YenFXCM

Description

GBPJPY has recently broken trend line/support from the end of June. Providing a retest of support (then becomes resistance), a big short opportunity may arise. Look for price to stall at support-turned-resistance. The pair also looks great for a sell off on the daily chart, with price appearing to be heading to lower support line of ascending triangle.
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