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Predictions and Analysis
GBPJPY Analysis: Price sold as expected and is currently below resistance zone price 143.292 and underneath trend-line. We expecting price to reach support 138.221 Long-term daily timeframe
From our analysis, GBP/JPY breached out of bearish pennant flag pattern it will be expected to down more. The price can reach @ 139 considering long time.
From our analysis GBP/JPY failed to break 4/8 @150 value murrey math line which can potentially retest 2/8 and later then test 0/8 murrey math line @ 146.880 price next week target
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