GBP/JPY Technical Analysis: Prices Oscillate Near 149.00


GBP/JPY Technical Analysis – Prices are drifting sideways above support at 148.76, the July 10 low. A break below that aims for the August 8 bottom at 147.58. Near-term trend line resistance is at 150.33, with a move above that targeting the underside of a previously broken upward-sloping barrier now at 151.94.

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dailyclassics_gbp-jpy_body_Picture_12.png, GBP/JPY Technical Analysis: Prices Oscillate Near 149.00

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--- Written by Ilya Spivak, Currency Strategist for

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