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GBPJPY - Eyes More Downside Pressure Medium Term

Discussion in 'Technical Analysis' started by Kaitlin, Jan 21, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    GBPJPY Having extended its broader medium term downtrend on Wednesday, GBPJPY eyes more downside pressure medium term. On the downside, support comes in at the 164.00 level where a violation will aim at the 163.00 level. A break below here will target the 162.00 level followed by the 161.00[​IMG]

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