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Pound suffers in thin trading - GBPJPY driven lower by Morgan Stanley

Discussion in 'Technical Analysis' started by ForexLive, Nov 26, 2015.

  1. ForexLive

    ForexLive Forum Member

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    The pound was the darling yesterday but now it's in the bad books Again we're seeing lighter liquidity in trading today and the quid is on the receiving end. There's a few things in the mix note traders, there's some month end biz being completed, some further position squaring, and chatter of a GBPJPY sell recommendation from Morgan Stanley doing the rounds

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