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uzzaam17

GBPJPY SHORT CONTINUATION OUTLOOK

Short
British Pound / Japanese Yen (FX:GBPJPY)  
uzzaam17  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis gj GBPJPY gbpjpyshort 618 Fibonacci Retracement
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trendanalysis chartpattern beyondta gj gbpjpy gbpjpyshort 618fibonacciretracement
After a sell-off seen today on GJ, I believe that another short opportunity may arise if we climb up to the range provided on the chart.
I believe price could retrace back to the 135.500-135.800 institutional levels, which lines up perfectLy with the 0.62-0.79 fibonacci retracement, as seen on the chart.

This could happen during the Asian session, and then potentially fall into yesterday's lows, during tomorrow's London/New York session.


-uzzaam17
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