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Posted by
Two Blokes Jun 4 -
Filed in
Forex
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15 views
The GBP/JPY cross builds on the previous day's goodish rebound from the 192.75-192.70 area, or over a one-week low, and gains positive traction for the second straight day on Wednesday. The momentum lifts spot prices to a fresh weekly low during the first half of the European session, with bulls now awaiting a sustained strength beyond the 195.00 psychological mark before placing fresh bets.
