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yitiancai
Oct 11, 2017 10:30 AM

A good opportunity buy GBP/JPY? Long

British Pound/Japanese YenFXCM

Description

If we take a look at Daily or Weekly cahrt, you can see the prive breaks the downtrend line in BOE meeting in Sep. It seems that the price holds well above that line.
If the price goes up, 38.2% Fib retracement will be the frist target. This analysis is based on the simple support and resistance

Comment

price continue to rise
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