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Ja3bari
Aug 29, 2018 10:50 PM

GBPJPY is testing resistance at a Fibonacci level of 61.8% Short

British Pound/Japanese YenFXCM

Description

The pair has greatly jumped around 250 pips today and is currently testing strong resistance at the price 145.5. If the price is going to break the 61.7% resistance then it might go up to around 147. On the other hand, if sellers were able to turn the direction of the trend then it will be heading below 140, hopefully.
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