GBP/JPY - Testing support area
GBP/JPY is weakening since it failed to break
the resistance at 129.65. The short-term support
area between 127.04 (30/10/2012 low) and 126.71
is challenged. A break would open the way for a
move towards the support at 124.75 (see also
rising trendline). A resistance is at 127.97
(08/11/2012...
FF News: Technical