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GBPJPY- Buy on dips

Long
British Pound / Japanese Yen (FX:GBPJPY)  
FxWirePro Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators
3
1
trendanalysis indicator
GBPJPY breaks significant resistance at 160.25 after a lot of consolidation. A jump to 132.50/133 is possible. Minor supports are 159.80/159/158.50.

It is good to buy on dips around 160.38-40 with SL around 159.80 for TP of 162
Comment:
GBPJPY gained sharply, any breach above 161.20 confirms further bullishness
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