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GBP/JPY BULLS WILL DOMINATE THE MARKET|LONG

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GBP/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 165.017.

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