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Forex pairs in this Article » GBP/JPY
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Talking Points

  • Prices overturned a bearish Three Inside Down candle pattern, breaking the 170 figure
  • Resistance is now at 171.70 (38.2% Fib exp.); above that targets 173.29 (50% Fib)
  • Negative RSI divergence still warns of a turn lower ahead; support at 169.74 (23.6% Fib)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-jpy_body_Picture_11.png, Forex: GBP/JPY Technical Analysis – Buyers Aiming Above 171.00Daily Chart - Created Using FXCM Marketscope 2.0

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