GBP/JPY Technical Analysis 02.08.2013
GBP/JPY Technical Analysis- Prices broke rising trend line support to challenge the 23.6% Fibonacci retracement at 145.90. A break below that aims for the 38.2% level at 144.63. Near-term resistance is at 147.24.
4hr Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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