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Tuesday, 17 July 2012

2012.07.17 07:13:35 GBP/JPY intraday: further upside.

GBP/JPY intraday: further upside.

Update on supports and resistances.
Pivot: 123.05

Our preference: Long @ 123.2 with targets @ 124 & 124.25 in extension.

Alternative scenario: Below 123.05 look for further downside with
122.7 & 122.45 as targets.

Comment: the RSI is mixed to bullish.

Key levels
124.5
124.25
124
123.524 last
123.05
122.7
122.45
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