GBPJPY retreats from high on risk off flows


Retests the 200 hour MA The GBPJPY moved higher in the Asian and early European session. The gains were help by some technical support buying against its 200 day MA at the Asian open, and got an extra boost when the price move through its 100 and 200 hour moving averages and a swing area between 150.798 and 150.937.  

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