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Pika7993

Continuation analysis

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Pika7993  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Technical Indicators Chart Patterns Relative Strength Index (RSI) support Support and Resistance GBPJPY pivot
5
1
trendanalysis indicator chartpattern relativestrengthindex support supportandresistance gbpjpy pivot
With JPY's weakness we see pairs breaching key levels.

Presented is the 1 hr chart. I sentiment continuation to retest the next tow key resistance levels. 148.000 is a strong rejection point so if there is a breach we can sentiment our next retest at 149.000.

Take profit at 148.00 and 149.00 for continuation. Stop loss below established support.

Observe chart and please comment with thoughts and ideas. Thank you.
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