GBP/JPY: Bearish Breakout at 142.77

From Recent Commentaries | Safehaven.com
February 21, 2013 - 8:37am

GBP/JPY broke its support at 142.77 (see also the rising channel) yesterday, suggesting a deeper correction. The support at 141.90 is challenged. A key support is at 139.27 (23/01/2013 low). An hourly resistance can be found at 143.58.


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