GBPJPY fails to pass the resistance 7/12/2012

Economies.com
2012-12-07 06:18AM UTC

New attempt to breach 132.80 without succeeding to confirm it, to expect fluctuation during the near period conditioned by 131.00 stability.

 

We notice Stochastic decline which supports the chances to witness more fluctuations without clear targets.

 

Expected trading range is between 131.00 and 133.50

 

General trend: Bullish

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