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GBP/JPY Technical analysis

Long
British Pound / Japanese Yen (FX:GBPJPY)  
traderpulse Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Wave Analysis elliotwaveanalysis correctivewave Trend Line Break
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trendanalysis harmonicpatterns waveanalysis elliotwaveanalysis correctivewave trendlinebreak
GBP/JPY has broken its bearish trend line. The price action has also created a higher low.
The price action indicates that it will move towards the next resistance placed at 148.092.
If it makes a bullish crossover above the resistance,then we can expect the price to move towards the major resistance of 149.967.
Trade closed: target reached:
weekly target achieved
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