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grahamite
Aug 2, 2020 2:50 PM

High Timeframe outlook on GBPJPY Long

British Pound/Japanese YenFXCM

Description

First of all noticing bullish divergence on the RSI, despite making a lower low causing the bullish Divergence + with the HTF Resitance being quite far away at almost 148 Yen.

Additionally adding a second infection wave on the asian continent causing weakness in the japanese markets.
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