Forex Trading: GBPJPY starting to come under some pressure

Forex Trading: GBPJPY starting to come under some pressure

Published by InformedTrades
04-04-2008

Forex Trading: GBPJPY starting to come under some pressure

Forex Trading: GBPJPY starting to come under some pressure

The pair is testing the 21 bar moving average on the 4 hour chart. However, if stocks come under pressure we could see the pair move toward the 38.2% retracement level of the last move higher, over the course of the next few days. ...

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