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SilverTrader925
Jan 20, 2016 3:46 PM

GBPJPY Short

FX:GBPJPY60
British Pound/Japanese YenFXCM

Description

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Pair is in a strong down trending channel, we look to sell the pullback at the top of the channel and around the 61.8 fib retracement level. The safe haven Yen continues to get stronger as markets fall and investors are in risk off mode.
jpyGBPGBPJPYgbpjpyshortFibonacci RetracementParallel Channelyen
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