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yenSterling/Yen to 130The sterling/yen (gbp/jpy) is the most interesting instrument to trade this week. Shown below is a daily interval chart from August to today (it's Monday in Sydney.) The last two weeks has seen the sterling/yen make progressively lower highs and slight lower lows. The US Thanksgiving week has given this instrument a flatline which has traders certain of a 1500 to 2000 pip move but uncertain as to which way. |
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