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Pound May Offer Entry Point Versus Yen on 30-Minute Chart
Friday, 10 October 2008 03:41:15 GMT  |  Luis Gil, DailyFX.com
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As we can see from the chart below, the Pound has been oscillating in a bearish channel against the Yen over the recent days. Those wishing to get short may want to consider waiting for a retracement up towards the downward sloping resistance line.

10-09-08 gbpjpy2

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