Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

Resources

GBP/JPY Technical Analysis: Bulls Probe Above 153.00

By , Currency Strategist
19 July 2013 11:21 GMT

GBP/JPY Technical Analysis – Prices are testing resistance at 153.07, the 61.8% Fibonacci retracement, with a break above that targeting the 76.4% level at 154.49. Near-term support is at 151.93, the 50% retracement.

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-jpy_body_Picture_12.png, GBP/JPY Technical Analysis: Bulls Probe Above 153.00

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from

19 July 2013 11:21 GMT