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Archive for August, 2009

GBPJPY Update

August 28th, 2009

GBPJPY continues to respect the Monthly Price Point at approx 153.50 – see 240 minute chart below.  A close below this level come month end will be a powerful indication that monthly direction has now shifted lower.

Jay Norris
jnorris@brewerinvestmentgroup.com
800-971-2154

gbpjpy-8-28

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