GBP JPY begins the correctional trip 15/2/2013
Economies.com
2013-02-15 08:04AM UTC
The pair surpassed the moving average at 144.50 to achieve a bearish bias to reach 143.20, which releases the price from the bullish channel range as appears in the image.
The continuation of the negative trading is expected to make the price settle below 145.60 to achieve 141.80 n the near period.
Expected trading range is between 145.50 and 142.00
Expected trend: bearish
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