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UnknownUnicorn887707
Mar 21, 2017 6:08 PM

GBPJPY Update - Going Neutral 

British Pound/Japanese YenFXCM

Description

The breakout didn't have much momentum and any longs should have a firm stop between 138.90 if not near the 139.15; if the lows are taken out, then we will look forward to continuation lower. Risk-off today is helping the Yen gain ground. USDJPY looks weak so the long trade is very risky at this point. Neutral.
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