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Sell GBPJPY as the pair sustains pullback from the upper trendline of a descending broadening wedge pattern Sell Setup. Look for a moving average angle of 30 degrees or above. Price should be moving below the 25 EMA line. This time it is a bearish pin bar that is your sell signal. You should sell at market price once the bearish pin bar closes. Again, opt for a stop loss of 10 pips above the high of the pin bar. Profit target is also 20 pips.

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Index funds, as the name suggests, invest in an index. These funds seek to invest in all the underlying securities in the same proportion as that of an index. The objective of an index fund is to replicate the performance of the index. In emerging markets such as India, index funds have not generated much popularity.

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