GBP/JPY Technical Analysis- Prices are testing resistance at 145.56, the 76.4% Fibonacci retracement. A break higher targets the February 7 high at 147.96. Near-term support is at 144.08, the 61.8% level, with a turn back below that eyeing the 38.2% Fib at 142.88.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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