GBPJPY facing bullish pressure, potential for further upside

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Trading Recommendation

Entry: 136.112

Reason for Entry: Ascending trend line, 23.6% fibonacci retracement, 78.6% fibonacci extension and horizontal overlap support

Take Profit: 137.060

Reason for Take Profit: 127.2% fibonacci retracement

Stop Loss: 135.688

Reason for Stop Loss: Horizontal swing low support, 50% fibonacci retracement

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