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AhmadShazwan

GBPJPY potential breakout to the upside

Long
British Pound / Japanese Yen (FX:GBPJPY)  
AhmadShazwan Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators
5
0
trendanalysis chartpattern indicator
JPY has been losing its strength due to recent shift to risk-on trades. Potential upside for GBPJPY if we can see a breakout from the current consolidation area.
Trade active:
Yen is losing its weakness due to positive market sentiment, and stocks recovery. The longer outlook is for GBPJPY to the upside.
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