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GBP/JPY: time to launch? Critical zone of support reached

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
Investroy  
OANDA:GBPJPY   British Pound / Japanese Yen
Support and Resistance Trend Analysis Fibonacci GBPJPY priceaction Technical Analysis forextrading investroy
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supportandresistance trendanalysis fibonacci gbpjpy priceaction technicalanalysis forextrading investroy
As it can be inferred from the graphical illustration, the price has nicely rejected the local zone of support aligning with 0.618 Fibonacci retracement level. With the long-term bias being bullish, we are eyeing possible BUY positions and aiming for the area of 168.5 zone of the current Higher High.

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UnknownUnicorn15614419
TS ❕ GBPJPY: resistance level
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