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GBP/JPY Retracement Pattern

Discussion in 'Technical Analysis' started by ActionForex.com, Feb 19, 2010.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    4H: The GBP/JPY pair has been slowly climbing the last 2 weeks. The Friday Asian-European session however started to retracement this rally from 138.30 to 143.60. The retracement actually started with the 2-bar reversal at the 143.60 top on the Feb. 17th session. Now a second leg of the retracement...

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