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traderpulse
Jun 21, 2018 6:24 AM

GBP/JPY Price action analysis Short

British Pound/Japanese YenFXCM

Description

The 4-hour chart of GBP/JPY has formed a double top pattern.
Now the pair is in a corrective rally and it may extend upto resistance zone of 146.098.
But the pair can witness selling pressure even before reaching the resistance zone.
There is also major news event today,so expect high volatility in the counter.
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