GBP/JPY Shows Reversal @ 144
Daily: The GBP/JPY was just below the 61.8% retracement near 144.00 to end last week. There was a jump to start the week that penetrated the 144.00 area and almost touched 145.00. However, this turned out to be an exhaustion push, mand the market declined. Bar from a 100-pip rally...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbp%10jpy-shows-reversal-%40-144-20100406110357/