Filed Under:
Forex pairs in this Article » GBP/JPY
To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices are testing support at 157.06 (trend line from Aug, 23.6% Fib retracement)
  • A break lower initially targets 155.25, (38.2% Fib retracement)
  • Resistance is at 159.44 (38.2% Fib expansion), above that aims for 160.90 (50% Fib exp.)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_gbp-jpy_body_Picture_12.png, Forex: GBP/JPY Technical Analysis – Bears Battering 157.00 AnewDaily Chart - Created Using FXCM Marketscope 2.0

comments powered by Disqus