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British Pound Crosses Stuck In Corrective Ranges

Discussion in 'Technical Analysis' started by ActionForex.com, Jan 31, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    GBPJPY - We maintain that a correction is underway that can not be considered complete until a rally through 212.39, although a test of the former 4th wave at 217.31 is possible. Near term we see two possibilities. One is that a triangle is unfolding as wave b of larger...

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