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TheBearTrader1
Oct 12, 2020 4:10 PM

GBPJPY- Shorts setting up upon confirmation Short

British Pound/Japanese YenFXCM

Description

Here we have GBPJPY on the daily timeframe, a nice breakout of this longer term ascending trendline, creating a lower low, we also have a little correction happening where price is now interacting with the 50 fib level, If we can get a breakout of this short term ascending trendline I would look to short this pair.
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