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GBPJPY: The advance from 192.60 is wave 4 within what will probably be a 5 wave drop from 251.10. The minimum bearish objective is 1 pip below 192.60 (unless wave 5 ends as a truncation). A bearish bias is warranted against 209.31. Potential support is near 202.00/50 (this is an...

Posted originally: Tue, 03 Jun 2008 16:50:25 +0100

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