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FahimLatif

GBPJPY respect of fib levels

Long
British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
FahimLatif  
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Trend Analysis Wave Analysis GBP gbpjoy jpy Fibonacci
4
0
trendanalysis waveanalysis gbp gbpjoy jpy fibonacci
After breaking the uptrend, GBPJPY has fallen breaking several supports and respecting fibonacci levels on the corrections waves creating LLs and LHs.
Currently, the pair has reversed and is looking to form a new lower high, probably in the 61.8 if not in the 38.2.
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