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GBP/JPY and GBP/CHF buying flows seen

By   || June 18, 2009 at 23:23 GMT
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The market is quite thin this morning and dealers say that a buying flow in GBP/JPY and GBP/CHF is having an exaggerated effect. GBP/JPY is at 158.20, up from an opening level around 157.50 and a break above 158.45 would disrupt the sequence of five lower daily highs.

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