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DLavrov

GBPJPY Buy Opportunity

Long
British Pound / Japanese Yen (FX:GBPJPY)  
DLavrov  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Support and Resistance GBPJPY GBP jpy Forex
80
4
trendanalysis indicator supportandresistance gbpjpy gbp jpy forex
The market moves between 150.00 and 148.00 levels. DMI confirms range market conditions. Now the price bounces from 148.00 support level and RSI confirms price reversal in the oversold zone. MACD histogram supports upward movement. It gives us a new trading opportunity. Pending orders for buy can be placed at 148.28 level with stop orders at 147.90 level. Profit targets are 148.80 and 149.30 levels.
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DLavrov
GBPJPY New Buy Opportunity
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