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chris333
Feb 18, 2019 4:47 AM

GBPJPY Setup to Go Higher Long

BRITISH POUND / JAPANESE YENICE

Description

The market bounced off the Monthly Pivot Range high last week and is edging higher now.

With the Minor Pivot Stack providing support, the price could pop from here. 

Wait for confirmation of strength by entering if the price trades through 143.14, then place a stop loss 140.89 and a profit target at 145.79.
Comments
Johanes
Why not to wait deep pressure to monthly lower and to repeat to long GBPJPY due to the GBPUSD is underway to downward ceiling ?.

chris333
@Johanes, I do not understand your question
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