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Last week was a great week for GBPJPY. 38% retracement remains as a good support at this moment. I believe the price will remains bullish to complete wave 5. If valid, then the price will remains bull.
If invalid..then all the numbers on that chart will be invalid. 
You can read my previous analysis on 7 December here
Hello, my name is Earnic. A full time forex trader and part time blogger from Malaysia. Love WordPress so much, and so comfortable using Instaforex for my trading.
G+
