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fxstraderomi
Dec 8, 2015 9:20 AM

Long GBP/JPY after UK data Long

British Pound/Japanese YenFXCM

Description

Enter GBP/JPY long if the pair rebounds from 184.80 support levels. The odds of a better-than-expected UK Oct manufacturing production as pointed out by the manufacturing PMI released in November first week.

Hence, the pair could bounceback from 184.80 support. If it does, I prefer entering

Long GBP/JPY @ 185.10 Target 186.00-186.47 Stop Loss 184.60
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