GBP/JPY Technical Analysis for June 8, 2011

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By ForexMansion.com

 

The GBP/JPY bounced from the all-important 131 line on Tuesday, and looks ready to continue to consolidate between 131 and 134 or so. Because of this, we are bullish for the very short-term. The pair could chop a lot, and all trades should be of the short-term nature.

Originally posted here

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