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GBPJPY - Lost momentum!

Short
British Pound / Japanese Yen (FX:GBPJPY)  
UGTraders Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis GBPJPY
17
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trendanalysis chartpattern waveanalysis gbpjpy
During this week, really the market haven't any liquidity which reflects how speculators are hesitated so in every direction we lose the necessary momentum to carry the prices..


GBPJPY lost momentum and it's expected to plunge, you could confirm the downtrend by breaking the support level..


To be updated...
Comment:
We will have a support level at 137.60, prefer to gain your profits and re-enter the market after breaking this level,

I'll update the analysis tonight
snapshot
Comment:
The market is about to break the support level, if it succeeded in doing so, we will continue the downside, keep an eye.
snapshot
Comment:

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