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DylanMorgan
Dec 24, 2017 7:36 AM

Daily Structure on GBPJPY Long

FX:GBPJPY1D
British Pound/Japanese YenFXCM

Description

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Currently price on GBPJPY is not at a considerable place for a buy. Wait for the 147.000 area before considering buying this pair.

Comment

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Possible descending channel forming on the 4hr chart.
Chart PatternspatterntradingflatchannelParallel Channelimpulsescorrectionascending
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