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Tuesday, September 19, 2017

GBPJPY Breakout Approaching Initial Resistance Hurdles

Technical Outlook: GBPJPY broke above long-term trendline resistance extending off the 2015 highs this month with the advance now approaching the first major resistance hurdle just ahead of the 152-handle. This threshold is defined by the 38.2% retracement of the 2015 decline and converges on the...
GBPJPY Breakout Approaching Initial Resistance Hurdles

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