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GBPJPY Buy a break.

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance GBP jpy GBPJPY gbpjpylong Forex forexsignals forextrading tradeidea forexanalysis
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supportandresistance gbp jpy gbpjpy gbpjpylong forex forexsignals forextrading tradeidea forexanalysis
GBPJPY - Intraday - We look to Buy a break of 153.76 (stop at 153.44)

Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A break of 153.75 is needed to confirm follow through bullish momentum.
Prices have reacted from 152.38.
Short term momentum is bullish.

Our profit targets will be 154.66 and 154.86

Resistance: 153.70 / 154.00 / 154.50
Support: 153.20 / 153.00 / 152.70

Confidence is 40%

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