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Monday, February 6, 2012

GBP/JPY 06.02.2012


/ On : 12:02 PM
The GBP / JPY is testing resistance at 121 and now moves over a bullish slant (purple line).
All indicators are bullish.
Resistance at 121 is an area of ​​significant resistance in the medium term.
We continue to advise short positions that resistance is 121.
Rupture of 120.50 (and therefore the bullish slant) will give a new sell signal and open the way to 120.
In case of return above 121, a buy signal is given.
It is advisable to treat only long positions that support is 120.50.


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