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FxWirePro
Nov 27, 2015 5:19 AM

GBP/JPY struggles to close above 200 day 4HMA, targets 184.30  Short

British Pound/Japanese YenFXCM

Description

Minor intraday support -184.97

Any break below 184.97 will drag the pair slightly down till 184.60/184.30.

Overall trend reversal level 184.30 and below that it can reach till 183.80/183.40.

On the higher side minor resistance is around 185.40 and break above targets 185.80/186. Major resistance is at 186.

It is good to sell around 184.95-185 with SL around 185.41 for the TP of 184.31/183.80
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