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GBPJpy looking interesting now

GbpJpy is looking bullish on the daily chart
With a likely 'NO' vote for Brexit and bullish Gbp movements, the BOJ wanting a lower Yen
and the technical analysis on GbpJpy - it looks like a clear buy on the daily chart
A head and shoulders pattern has emerged in GbpJpy on the daily chart
I will be looking to go long just below 160 - with a SL at 157.5, and a TP around 164
gl all the last few days of trading
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EURUsd bouncing off weekly pivot and Fib expansion level

Eur/Usd has hit weekly resistance 1 and top side of the daily channel trend-line,
and a retracement back down would seem in order,
fundamentally, the trouble in the Ukraine and the softer tone of the dollar
and the uncertainty on the fx market in general should support this move
If we take a look at the weekly chart we see the weekly R1 level at 1.3959 has been hit,
and I have drawn the most recent weekly trend-lines up
On the first daily chart we see a close up of the latest weekly move,
and t…
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AdamFx42 24 Mar.

First big move down is done - now back up and re-testing neckline, if pair fails to break back up we should see a deeper move down taking out previous lows and towards my target area

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AdamFx42 14 Apr.

Failure to break the previous highs should lead to a deeper move down now - also lot of uncertainty in the market now concerning Ukraine which may speed things up

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AdamFx42 17 Apr.

Eur/Usd showing a bit of weakness now, we shall see

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