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GBP/JPY Bearish Retracement in Larger Daily Uptrend
Posted On 03 Oct 2017
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Hi Traders,
today’s analysis is focused on the GBP/JPY and its perspective for the rest of the 2017 trading year. The GBP/JPY seems to offer an interesting break, pullback, and continuation pattern on the daily chart.
Nenad also completed his analysis yesterday on the GBP/JPY but on the 1 hour chart rather than a daily time frame. FYI his analysis neatly anticipated the 100+ pip bearish breakout and we hope you managed to squeeze some pips from this move.
Check out this article to see a clear top-down approach of the GJ monthly, weekly and daily time frames.
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