GBP/JPY approaching resistance, potential drop!

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Trading Recommendation

Entry: 134.713

Reason for Entry: horizontal swing high resistance, 2.618% fibonacci extension, 50% fibonacci retracement

Take Profit : 124.619

Reason for Take Profit: horizontal swing low support

Stop Loss: 139.311

Reason for Stop loss: Horizontal pullback resistance, 61.8% fibonacci retracement

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