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Long

GBPJPY LONG Analysis

FX:GBPJPY   British Pound / Japanese Yen
this pair has come to a very strong trendline after a huge decline in price. This could be the next HL on the daily timeframe .
I believe this pair would surpass 155 level in the near future creating the next HH.
Consolidation has occurred around the trendline and minor support at 145, we could still see price drop further.
I have drawn on my predictions for this pair.
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