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GBPJPY approaching support, potential bounce!

Oleh Tickmill
Broker
Price is approaching our first support at 145.89 (horizontal swing low support, 100% fibonacci extension, 38.2% fibonacci retracment) where it might rise up to our resistance at 147.98 (horizontal swing high resistance).
Stochastic is approaching support where we might see a corresponding rise in price should it bounce off this level.
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Chart PatternsForexforexsignalsforextradingGBPGBPJPYgbpjpylonggbpjpyshortHarmonic PatternsjpyTrend Analysis
Tickmill
Broker
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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