GBP/JPY Breaks Over The Strong Resistance of 145.98

February 1, 2013 in Chart Alert

145.98 had proved to be a very strong resistance during April 2010 for GBP/JPY. The fall from this level had taken the currency pair to 126.72 withing 4 weeks. GBP/JPY has broken over that resistance after 2 years and 9 months by going as high as 146.45. The next resistance zone as per the previous price action was in the range of 149.47 to 150.72.

GBP/JPY Weekly Chart

GBP/JPY breaks over strong resistance

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2 responses to GBP/JPY Breaks Over The Strong Resistance of 145.98

  1. I am giving sort signal for gbp jpy stop should be over 150.00 target almost 1000 pip (1.3675)

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