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Support reached, bullish trend predicted


Support reached, bullish trend predicted

GBP/JPY OANDA:GBPJPY



A strong support zone has been reached at 150.700 but not broken.

My prediction on a 4-hour chart is a bullish trend up to the 0.5 Fib line (150.476), then a bearish swing down to 0.236 (152.495) with the bullish move to 153.590.



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