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GBPJPY – Broadening Wedge

GBPJPY – Pound/Yen GbpJpy busy carving out an Ascending Broadening Wedge, which has bearish implications. See below the 4 hourly graph, showing the broadening wedge.  We will only be interested for selling signals due to this pattern…  but beware of the momentum. We will wait for a clear sell signal before entering into the trade. […]

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