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Technical Analysis

Possible start of a bullish trend on GBPJPY

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GBPJPY has broken through a line of 162.3520. If this breakout holds true, we could see the price of GBPJPY heading towards 163.1013 within the next 7 hours. But don't be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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