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GBP/JPY Rebound At Risk Ahead Of BoE Rate Decision

Discussion in 'Technical Analysis' started by Kaitlin, Jul 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    As noted earlier in the day, the Japanese yen took a major hit on Monday due to Prime Minister Abe’s party winning a landslide election victory and the subsequent announcement of further economic stimulus measures in Japan. The yen retreated substantially against other major currencies, including the dollar, euro and[​IMG]

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