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Tuesday, 23 December 2014

GBPJPY trend & momentum 23-Dec-2014

GBPJPY trend and momentum has indicated it starts going down slightly since earlier today, though the trend signal is still upward (flat) at the moment.

Currently, GBPJPY at around 186.55 has dropped for last a few hours. Traditionally, JPY is relatively stronger under risk-off market. If market players mitigate risk on their portfolio,  JPY could be stronger against other major currencies but rebound risk is also expected early new year.



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