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Forex pairs in this Article » GBP/JPY
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Talking Points

  • Prices are testing above resistance at 159.44 (38.2% Fib exp.)
  • A break higher on daily closing basis initially targets 160.90 (50% Fib exp.)
  • Support is at 158.21 (trend line from August); below that eyes 157.06 (23.6% Fib ret.)
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dailyclassics_gbp-jpy_body_Picture_11.png, Forex: GBP/JPY Technical Analysis – Pound Attempts Upside BreakDaily Chart - Created Using FXCM Marketscope 2.0

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