(updated) Outlook GBPJPY ~ quantina forex news trader ea
The GBPJPY has been on an extended bullish run from around 118.00 since June 2012. Price has moved by over 3000 pips since then. The new government is determined to devalue the Yen further. The broke a solid resistance at 140 and currently appears to be heading towards 145, 150, 155 and possibly 160. On the other hand, the big players are capable of reversing the gains and forcing the government to start the devaluation process again
If you want additional information on how to take advantage the scenerios send an e-mail to diamondstrategiks@gmail.com for a copy of the 2013 GBPJPY Strategic Trading Plan.
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