gbpjpy

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gj is in a pitchfork pattern on daily chart. caught in a zone 195.000 and 126.600 on weekly charts. price bounced off support 126.600 moving up but 169.000 holding as resistance causing a double top at .618 fib retracement level and top trendline of the pitchfork. we can expect a move to the downside targeting 159.000 since thats the .50 fib lvl and the top of the last higher high .
Note
GU may hit 159.000 this week
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