The GBP/JPY pair may have topped off at the 133.80 level. In the 4H chart, this is the 61.8% retracement of the previous downswing. The market attempted break this level, but formed a topping action. The market has then declined and is now at 132.50 level, 50% retracement of the
View full post on Technical Analysis
GBP/JPY: Topped off at 133.80?
– July 5, 2010Posted in: Forex Technical Analysis