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British Pound / Japanese Yen
Education

GBPJPY Ichimoku Kinko Hyo Education Analysis

By overflownexus
GBPJPY

https://www.tradingview.com/x/CugCTpPA/

Looking at the Monthly Chart down to the H1 you can see that current price zone is showing strong bullish rejection due to a monthly resistance level.

I believe price will continue pushing up for a while to test resistance again before making a 50% correction with Fibonacci.

Monthly Chart
snapshot

Weekly Chart
snapshot

Daily Chart
snapshot

Hour Chart
snapshot
Trend Analysis
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