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UnknownUnicorn260252
Oct 14, 2016 2:40 AM

GBPJPY Intraday 1H Chart : Key Resistance 127.80 Short

British Pound/Japanese YenFXCM

Description

Preference short positions below 127.80 with targets at 125.70 & 124.80 in extension.

Above 127.80 look for further upside with 128.70 & 130.00 as targets.

The upward potential is likely to be limited by the resistance at 127.80.

Risk management in priority.

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