GBP/JPY Technical Analysis 04.09.2013
GBP/JPY Technical Analysis- Prices are testing resistance at 151.49, the 138.2% Fibonacci expansion. A break above that initially eyes the 150% mark at 152.44. Near-term support is at 150.31, the 123.6% Fib, with a reversal back beneath that exposing 100% mark at 148.41.
Daily Chart - Created Using FXCM Marketscope 2.0
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