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GBPJPY Head and Shoulders and Bullish Cypher

Bulls are back?

GBPJPY Head and Shoulders and Bullish Cypher

H4 Chart:

Bullish Cypher Completed at 147.990.

150.008 is the Fibonacci Retracement 23.6%

H1 Chart:

Head and Shoulders pattern will be completed at 150.100

Both charts point out 150.100.

Breakout and close above 150.100 will take the price 151.300 and 152.200. Extented target is 153.200

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GBPJPY  Bullish Cypher:  Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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