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GBPJPY, up to 138.5 for now, Who Knows After That?

Long
British Pound / Japanese Yen (FX:GBPJPY)  
MtxTrader  
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY Bullish Patterns priceaction LONG
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gbpjpy bullish priceaction long
After breaking through a 7 month resistance, I expect GJ to rise up to the 138.75 area. That is a zone however, and more conservative traders would likely place a target just short of the previous resistance level.

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