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Taylor

GBPJPY Possible long

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Taylor Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis
11
4
trendanalysis chartpattern waveanalysis
GBPJPY daily has created a double bottom, if this holds could target the top and beyond.
Comment:
156.25 is 78% fib retracement so a sustained break and close above would be something to look at for further upside but maybe some pullback in between.
Comment:
A sustained break of the high 158.28 targets will be 160-165
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