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GBP/JPY strong levels of resistance

GBP/JPY : H4 Descending trend

Correction to FiBo level 23.6 %

Price at levels of resistance

Strong negative tendency

Indicators :

CCI(50) over 100

RSI(14) over 50

SL : 158.4

Alternative scenario :

If the price go over diagonal resistance , may lead to larger correction

Jr_Trader_G_Bozhidarov


 Varchev Traders


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