GBPJPY Trendline Test

Published September 3rd, 2009 - 09:25 GMT
Al Bawaba
Al Bawaba

The GBPJPY finds itself at an interesting short term juncture.  The rally failed at a line extended from the 8/10 and 8/24 highs this morning.  Rallying through the morning high would expose former support turned resistance at 153.44.