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As risk returned to markets GBPJPY extended.....>

YEN
YEN: As risk returned to markets GBPJPY extended its recovery off Asia traded
lows (Y147.71) to Y147.99, but has so far failed to pierce Y148.00, a level
which holds key tech resistance from the 200-dma. A daily close above turns
immediate focus toward 148.37/40 (61.8% of Oct range, Oct16 high), ahead of the
Oct12 high at Y149.01. Last Y147.95. 

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