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FibLevels for the GBP/JPY as of July 30, 2007

From news_archive.php?id=40658

Related Posts: Relative Index Performance for the GBP/JPY and CHF/JPY Shown below are GBPJPY weekly prices as of the open on July 30th 2007. On this chart are identified nine high and low points used to form Fibonacci levels, retracements, confluence areas and expected future price moves shown on the FibLevel chart. The GBP/JPY has been in a weekly uptrend since October 12th 2003 and has completed its most recent move from a low on March 4th 2007 to a high of 251 on July 15th 2007 followed by a 43% retracement from this latest high to its current price of 238. This near four year move has shown retracements of 65%, ... (full story)

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