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Sulemank

GBP/JPY Long Price Action

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Sulemank  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis LONG buysignal buy buysetup Bullish Patterns
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trendanalysis chartpattern fundamental long buysignal buy buysetup bullish
Price currently hovering at the 0.38 fib retracement zone, looking for further bullish price action on this pair as per long term key support and resistance zones on higher time frames on Weekly, Daily.

Allow for confirmation of price before entering.

Target 61.8 Fib (142.325) following to next Resistance zone 144.507

Stops - no more than %2 of capital risked per trade

£10,000 / 100 X 2 = £200 / Pip Stop Loss
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