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Buy GBP/JPY at 184.6: Societe Generale

Quotes from Societe Generale Cross Asset Research:

-BUY GBP/JPY at 184.6, stop 181.5, first target 190.

-Strong technical support at 181.80 should cap the downside for now and certainly needs tohold to justify keeping the trade on.

-December's peak just below 190 is a clear targetthough 195 would be consistent with USD/JPY testing its highs and GBP/USD getting backto 1.60. 

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