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GBP JPY moves calmly 6/3/2013
The pair continued in its bullish bias to settle around 141.10 calmly without achieving the suggested targets at 142.20, and by the chart we notice the stability of the price within the bullish channel, therefore we remain in our previous expectation to reach 142.20 if the channel’s support level settled at 140.40 today.
Stochastic is stable above 50 level to support the positivity during the near period.
Expected trading range is between 140.40 and 142.30
Expected trend: bullish
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Platinum is above the support 6/3/2013
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