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GBP/JPY Bullish POC as the Price is Going Up

By
Nenad Kerkez
Published: Jun 3, 2021, 09:24 GMT+00:00

The GBP/JPY is in uptrend. I expect buying the dips scenario.

GBP/JPY

The price has made a bounce from the D L5 level and it is expected to continue up. There is the POC zone around 50.0 fib. 154.99-155.15 is where we could expect the price reaction. Targets are 155.84 and 156.05. Watch for buying the dips as the price is bullish.

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Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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