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IAGMarkets
May 9, 2016 5:20 AM

GBP/JPY BIG MOVE TO UPSIDE EXPECTED..... Long

British Pound/Japanese YenFXCM

Description

Trend continuation setup:


This pair has successfully broken out the long term downtrend TL (Trendline) .
At the time of writing this, we are retesting this TL and we are looking for a strong upside rally towards targets:

1: 162.00
2: 172.00

This is a very good oppotunity for a mid-long term trade with opportuntiies to add positions.

Good luck and have a great trading week.

IAGMARKETS.COM

Trade active

Trade closed manually

Profit taken early.

Trade active

Trade closed: target reached

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