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pav4ito
Jun 10, 2017 10:24 AM

GBP/JPY More Downside Expected Short

British Pound/Japanese YenFXCM

Description

GBP/JPY completed an ABC pattern, it is now creating another one. I do believe it will go down to 136.150 and will bounce from that level and begin its upside move again. Wait to see corrective structure before you enter a short trade. It is respecting the support and resistance levels at 136.150 and 148.147. Trade safe traders!

Trade closed: target reached

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