Wednesday , 6 November 2024
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GBP/JPY Price Prediction: Short-term trend may have reversed after Halloween sell-off

GBP/JPY rose up after breaking out of the Right-Angle Triangle it formed during October and reached the minimum price expectation for price pattern, at 199.59, the 61.8% Fibonacci extension of the height of the Triangle at its widest point, higher (blue-shaded rectangle).

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