A good opportunity buy GBP/JPY?

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If we take a look at Daily or Weekly cahrt, you can see the prive breaks the downtrend line in BOE meeting in Sep. It seems that the price holds well above that line.
If the price goes up, 38.2% Fib retracement will be the frist target. This analysis is based on the simple support and resistance
註釋
price continue to rise
Chart PatternsGBPJPYTechnical IndicatorsjpyTrend Analysis

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