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GBP/JPY Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, May 15, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Upside momentum in GBP/JPY is not that convincing even though the cross did edge higher to 204.98 earlier. Further rally is still in favor as long as 202.64 minor support holds. Nevertheless, as mentioned before, prior break of the short term rising trend line suggests that rally from 192.60 could...

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