GBP/JPY Technical Analysis 04.25.2013

DailyFX

GBP/JPY Technical Analysis- Prices are testing above resistance at 152.52, the 38.2% Fibonacci expansion. A break above that aims for the 50% level at 154.41. Near-term support is at 150.19, the 23.6% Fib.

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Forex_GBPJPY_Technical_Analysis_04.25.2013_body_Picture_5.png, GBP/JPY Technical Analysis 04.25.2013

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

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