GBP/JPY Daily Outlook

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03-02-2010, 08:02 AM

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GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains on the downside with 134.48 minor resistance intact and further decline should be seen to 100% projection of 150.68 to 138.23 from 143.59 at 131.14. Break there will target 161.8% projection at 124.55 next. On the upside, above 134.48 will turn intraday bias neutral and...

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