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MarcellusLUX

Will GBP/JPY fall to 178?Let's analyze the daily chart

Short
Sterlina / Yen giapponese (FX:GBPJPY)  
MarcellusLUX  
FX:GBPJPY   Sterlina / Yen giapponese
Trend Analysis Chart Patterns GBPJPY gbpjpyshort gbpjpyanalysis gbpjpyprediction
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trendanalysis chartpattern gbpjpy gbpjpyshort gbpjpyanalysis gbpjpyprediction
Hello everyone, GBP/JPY made yet another attempt to break the
resistance level yesterday but the attempt was not successful.

📌Price has already fallen more than 100 Pips today. If the daily
candle ends today with a bearish candlestick pattern, we can expect
further fall in GBP/JPY.

📌183.46 is a moderate support level which if broken, would open
the path towards 178.

📌My recommendation is to sell the rallies in GBP/JPY.

Idee correlate

MarcellusLUX
700 Pips Sell TP hit in GJ, now time for buys?
MarcellusLUX
GBP/JPY on it's way to 179 level. More decline ahead
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