mercredi 10 août 2016

Currently we are 132.26 in a descending wedge which is bearish for the pair. IF we break the support, we are looking for a continuation to the 1.618 Fibo at 131.55 and then possibly to the 2.270 Fibo at 130.89. The average daily true range (ATR) for the pair currently is 200 pips.
GBP/JPY Hour Chart
GBP/JPY Hour Chart

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