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GBP/JPY Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 17, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    GBP/JPY's recent down trend reached as low as 206.98 but subsequent recovery suggest that an intraday low is in place there already. At this point, further consolidation could be seen but upside of recovery should be limited by 217.30 cluster resistance and bring another fall. As discussed before, next downside...

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