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GBPUSD Bullish Strength Leaves Risk Towards 1.2381 Level

Long
British Pound / Japanese Yen (FX:GBPJPY)  
FXTechstrategy  
FX:GBPJPY   British Pound / Japanese Yen
Harmonic Patterns Chart Patterns Trend Analysis Forex forexsignals ｆｘ
3
0
harmonicpatterns chartpattern trendanalysis forex forexsignals ｆｘ


GBPUSD bullish strength leaves risk towards 1.2381 level following its rally on Thursday. Support lies at 1.2200 with a turn below that level turning attention to the 1.2150 level. Further down, support resides at the 1.2100 level where a break will turn attention to the 1.2050 level. Further down, support lies at the 1.2000 level. On the upside, resistance stands at the 1.2300 with a turn above here allowing for additional strength to build up towards the 1.2350 level. Further out, resistance stands at the 1.2400 level followed by the 1.2450 level. On the whole, GBPUSD retains its corrective upside pressure

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