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GBPJPY approaching support, potential bounce!

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Pound Inggris / Yen Jepang (FX:GBPJPY)  
Tickmill Broker  
FX:GBPJPY   Pound Inggris / Yen Jepang
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy gbpjpylong gbpjpyshort Forex forexsignals forextrading
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trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy gbpjpylong gbpjpyshort forex forexsignals forextrading
GBPJPY is approaching our first support 143.35 (horizontal pullback support, 38.2%, 61.8% fibonacci retracement) and a strong bounce might occur pushing price up to our major resistance at 144.20 (50% fibonacci retracement, horizontal swing low resistance).
Stochastic (34, 5, 3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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