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GBPJPY testing resistance, potential drop!

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Libra Esterlina/Iene Japonês (FX:GBPJPY)  
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FX:GBPJPY   Libra Esterlina/Iene Japonês
Harmonic Patterns Chart Patterns Trend Analysis GBPJPY GBP jpy gbpjpylong gbpjpyshort Forex forextrading forexsignals
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harmonicpatterns chartpattern trendanalysis gbpjpy gbp jpy gbpjpylong gbpjpyshort forex forextrading forexsignals
GBPJPY is testing our first resistance at 145.51 (horizontal swing high resistance, 78.6% Fibonacci retracement) where a strong drop might occur pushing price down to our major support at 142.48 (Horizontal pullback support, 50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
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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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