Posts Tagged ‘20day’
GBPJPY Failure to Break Above 20-day SMA May Validate Futher Losses
Author: Germina Lake
The GBPJPY has pared Friday’s advance following the Bank of Japan’s decision to offer an additional 10 trillion yen in six month loans. Though we do not rule out the central bank intervening in the FX markets, the yen may continue is intraday southern journey to test 130.45 over the next 24 hours.
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Posted in Forex News | 
Tags: 20day, above, break, Failure, Futher, GBP/JPY, Losses, Validate | 
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