$GBPJPY- Wedge Break? | Marketfy

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$GBPJPY- Wedge Break?

By Pro Act Traders — Author

Currently weare at 156.52 after the bounce north on the day chart trend. We arelooking for a bullish continuation to the R3 area @ 100.55-73 and 2) the nexttarget is the R4 @ 157.74. Watch for a stall near 157.40-50. The average daily true range (ATR) for thepair currently is 135 pips.

Posted to Introduction to Forex Targe… on Oct 08, 2013 — 9:10 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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