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GBPJPY approaching support, potential bounce!

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Tickmill Broker  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy gbpjpylong
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trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy gbpjpylong
GBBPJPY is approaching our first support at 144.84 (horizontal pullback support, 100% Fibonacci extension, 50% Fibonacci retracement) where a strong bounce might occur above this level to our major resistance at 146.74 (50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching our support where we might see a bounce in price.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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