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4 Apr 2014
GBP/JPY technicals - Descending trendline still capping
FXStreet (Bali) - After a majestic rally off the 168.00 base during March 18-25, GBP/JPY has stalled its bullish momentum at a key descending trendline. A break above is needed should longs aim to expose the next target at 173.60, March 7 high.


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