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GBPJPY Daily Analysis

24 May 2018 Marios Athinodorou

Based on the Ichimocu system we can see that the price is below the cloud, the tekan sen and kijun sen seem to be in a bear formation and chikou span is below the cloud.
Any actions for potential bearish signals might be taken into consideration in case the price reverses to the tekan sen or kijun sen.

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