By ForexMansion.com

 

The GBP/JPY fell hard in the early hours, only to be turned around again. This shows that the pair is absolutely committed to testing the 135 area. The 135 area should offer strong resistance since we have been “stuck” between 125 and 135 for ages. Having said that, we aren’t near any support or resistance area in which to trade off of. This pair should be watched until 135.

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Originally posted here