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GBP/JPY: time to launch? Critical zone of support reached

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OANDA:GBPJPY   英镑/日元
As it can be inferred from the graphical illustration, the price has nicely rejected the local zone of support aligning with 0.618 Fibonacci retracement level. With the long-term bias being bullish, we are eyeing possible BUY positions and aiming for the area of 168.5 zone of the current Higher High.

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