Forex Trading: GBPJPY has moved down. Watching Friday’s low for support

Written February 2, 2009 at 11:57 AM EST by  

gregmike-01996

The GBPJPY did move down from resistance against the 50% retracement and the key 100 hour MA.  The pair has moved toward Friday’s low price at 126.68 level.  Watch this level.

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