primecycles

Daily analysis of GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
45 0 0
Price broke through previous resistance @ 130.000 creating a higher high. Because price is near the minor resistance
@ 134.740, it can go up a little more before retracing back down to test the previously broken resistance as it becomes
support before the price goes back to or near to the 138.393 resistance.
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