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RiccardoAnnoni
May 14, 2015 8:09 PM

GBPJPY needs some rest badly Short

British Pound/Japanese YenFXCM

Description

Dear traders,
as you can see GBPJPY gained 1000+pips in two weeks and now at 188 it has been printing bearish tails for 3 days.

My guess is that GBPJPY has to go down to 185/186 to find new buyers and try to break above 188 later.

Right now I am seeling for a quick profit, then I will be buyer again at a bullish daily sign at support.

Cheers
Riccardo
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