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Mihai_Iacob
Oct 13, 2020 5:19 AM

GbpJpy outlook Short

British Pound/Japanese YenFXCM

Description

After dropping almost 1000 pips started at the beginning of September, GbpJpy found a bottom at 133 and now is in a correction.
In my opinion, a new leg down will follow soon and I'm looking to sell this pair around 50% Fibo retracement.
The first target for bears can be 135.50 zone
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