GBP/JPY - British Pound Yen, American Session - 31/01/08
211,11. GBP JPY is in a range between 210,50 and 213,70. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 210,50 / 213,70 range. If […]
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