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GBPJPY: Longer downtrend in play
British Pound / Japanese Yen
Short
GBPJPY: Longer downtrend in play
By ASCENS10N
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Dec 9, 2020
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Dec 9, 2020
We are still in the bigger term downtrend, with a shorter term uptrend showing signs of weakness.
A trend shift is likely to occur this month.
GBPJPY Short
Entry is valid as long as price is below 139.70
Entry: 139.30
SL: 141.80
TP: 135.40
Trend Analysis
ASCENS10N
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