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12:25 (CET) - GbpJpy: strong Sterling thrust
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It was a pretty rebound by the Sterling at 147.85 yens per pound, a little under the fibo 38.2%. The price arrived at the gates of 152 in just a few hours. Right now, the price is trying to hold the support at 150.2, after a needed correction to the fibo 38.2% from yesterday's high to low. The next upwards target is clearing last week's high at 152.32 yens per pound.
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