Forex Trading: GBP/JPY Re-testing Highs.
The pair is re-testing the highs here at 123.482; if resistance continues to hold we look back towards the 38.2% line on the hourly chart.
Around the same level we have added resistance from the 61.8% line on the daily chart. In the case of a break higher the next level we look to is the 200 day moving average at 124.19.
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