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British Pound / Japanese Yen
Long

GBPJPY - Trend Continuation

147
In my view the trend is still bullish until we manage to crossover the ascending trend line. I would like to think that price has pulled back to the 4hr resistance level in order to stop loss hunt buyers from the resistance break. We may now see the continuation to the upside.

AlkalineFX
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Chart PatternsGBPJPYgbpjpylonggbpjpyshortTechnical IndicatorssentimentstoplosshuntTechnical AnalysisTrend Analysis

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Chart PatternsGBPJPYgbpjpylonggbpjpyshortTechnical IndicatorssentimentstoplosshuntTechnical AnalysisTrend Analysis
AlkalineFX
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.