GBPJPY: Pressured To The Downside Medium Term

With a clean break and close below the 139.23 level, its Nov 26’09 low and the 138.22 level, its Feb 04’10 low the past week, the cross is now poised to head further lower in continuation of its medium term downtrend initiated from 163.06(2009 high).However, with overstretched daily studies we...

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