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BD_Trading
Sep 11, 2016 10:53 AM

GBPJPY On Monthly Long

BRITISH POUND / JAPANESE YENICE

Description

GBPJPY is at its lowest levels ever and i think we will see upside soon. There is possibility to test 118 bottom but for now the dojis seem reliable. It can be also in a range for a while.
The RSI is oversold, and has a divergence with previous bottom.

Comment

Big bullish engulfing
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