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Swig_Signals
Jun 25, 2020 12:30 AM

GBPJPY | TF: Daily | Bullish Long

British Pound/Japanese YenFXCM

Description

First support zone resembles the weekly demand, and the zone below is the monthly demand. The resistance presented is the daily supply. I'm expecting a 50 pip rejection, followed by a countered 50 pip rebound. This will force a rejection to the monthly demand, which will rally the price.
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