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MrGarrincha
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100 % forex
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GBPJPY 100% | 1
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Analysis on GBPJPY
GBPJPY
, 240Long
GBPJPY: Analysis on GBPJPY

GBPJPY recently broke the trendline with a huge bullish impulse. Price tested the newly formed support and formed a descending trendline. Price has currently retested the support to form a double bottom. On the 4HR timeframe GJ has also formed a bullish engulfing candle. The expectation is that the price will continue to the upside with a target of 155.600 and 156.000

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