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jamsterfd
Jul 11, 2017 5:19 PM

Ascending triangle breakout, A medium term loot at the GBPJPY ra 

BRITISH POUND / JAPANESE YENICE

Description

The GBPJPY hit a low back and the start of October 2016 and since then we have seen a reversal back to the resistance level tested back in December and May. We have now had the resistance area tested on multiple occasions during the uptrend with the trading range getting narrower. If the market breaks out of this pattern are we going to see a strong move upwards?
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