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GBPJPY SHORT
British Pound / Japanese Yen
Short
GBPJPY SHORT
By Munzirmokhtar
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Jun 14, 2017
4
Jun 14, 2017
BASED ON MY ANALYSIS WE COULD PUT THE PO SELL LIMIT AROUND THE RED HIGHLIGHTED FIBO AREA IN BETWEEN 61.8% - 50% WOULD MAKE A GOOD TRADE SETUP.
THEN THE FIBO LEVEL RANGE IS ON THE SAME LINE AS THE TREND LINE WHICH IS PARALLEL TO THE PREVIOUS LOWER HIGH.
BUT WATCH OUT FOR THE BREAKOUT ON THE TRENDLINE , THE NEWS BOE ON "Average Earnings Index 3m/y "
MIGHT HAVE BIG IMPACT ON THE POUND STERLING.
BOE
GBPJPY
jpy
poundsterling
poundweakness
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teresa
Munzirmokhtar
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