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Choppy trading in early Asia with little momentum either way

Mon, Oct 19 2009, 22:47 GMT
http://www.forexlive.com

Most of the majors are right back at their NY closing levels and it looks like nothing important is likely to happen this morning. GBP/JPY tried to gather some bullish momentum as cable breached the overnight high but there has been no follow through and dealers have sold out of their longs already, and will now await the Tokyo open for freah impetus.

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