GBP/JPY – Challenging a strong resistance area

• GBP/JPY is testing a key resistance area defined by the declining trendline and 129.65. An hourly support can be found at 128.26 (16/11/2012 low). Another support can be found at 127.52 (14/11/2012 high). • GBP/JPY is still under the negative influence of its long-term falling trendline that…

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GBP/JPY – Challenging a strong resistance area

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