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GBPJPY reached our support target! Potential for further drop!

Short
British Pound / Japanese Yen (FX:GBPJPY)  
easyMarkets Broker  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy Forex forexsignals BTCUSD USD dollar Cryptocurrency
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trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy forex forexsignals btcusd usd dollar cryptocurrency
GBPJPY plummeted perfectly and reached our major support level. We can see that it has broken major support-turned-resistance at 147.09 (Fibonacci retracement, horizontal overlap resistance, bearish ichimoku cloud) and a further drop could occur pushing prices all the way down to major support at 145.10 (Fibonacci extension, horizontal swing low support).
RSI (55) sees pullback resistance at 44% where a corresponding reaction could occur.

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