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wealth2riches

GBPJPY

Short
British Pound / Japanese Yen (FX:GBPJPY)  
wealth2riches Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis
4
1
trendanalysis
If you look at the Daily chart this pair is definitely in a downtrend.As you see it hit the previous support at 136.766 pullback to 138.236 break through the OTZ 135.615 A HAMMER IS VISIBLE FOR A POSSIBLE UPTREND BUT IT HIT AGAIN THE otz at 136.777 resistance.I expect a possible doewntrend to hit support at 130.969
Comment:
If it goes up it must break the resistance line of 138.236 and goes up to 146.426
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