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GBP/JPY analysis


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If you just go through the h4 chart of GBPJPY then you can see that the market is currently under the Alligator and moving average and the market is strongly following the down trend so in m view the market break out the trend line below. So to the sellers the entry point is at 147.74 and the target point is at 146.38.

 

gbpjpy-h4-instaforex-group.png

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