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GBPUSD Technical view

09 July 2018 Marios Athinodorou


USDJPY : Based on the Ichimocu system we can see that the price seems to be in a bullish mode.

In order to justify that, we examine the components of the system one by one.

The tekan sen and Kijun sen lines seem to be in a bullish formation and above the cloud.

The chikou span is above the cloud and the price and the cloud are looking bullish for the time being.

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