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GBP/JPY In A Pullback After Bearish Range Breakout

Money Mind - Forex

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Old 02-05-2012, 05:41 PM
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Default GBP/JPY In A Pullback After Bearish Range Breakout

The 1H GBP/JPY chart shows a market that is in a pullback after breaking below a range support near at 130.17. After failing to break below 129.00, the market pushed the pair back to this previous range support, which is slightly above the 38.2% retracement of the 131.71-129.03 swing. Also

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