Published at 14:30 (GMT) 21 Jan

GBPJPY

21 Jan GBP/JPY Daily
14::15 GMT - GBP's Weakened again today from short of 181 : market remains held off the Nov-Dec top, filling out the wide end-Oct rally range. We'd lean lower from here for range extension into 174.62, and a general decline into 172.00/ the 2014 range pivot. [NR]

R5: 188.15-55 9-Dec sell accel
R4: 187.75 * 29-Dec high
R3: 187.30 * 2-Jan high
R2: 181.05 early Nov-13 lows
R1: 180.92 * 8, 9-Jan highs
S1: 175.75 * 16-Jan low
S2: 175.00~ Jan & Jul tops
S3: 174.62 * 31-Oct low
S4: 172.00 * 2014 high volm
S5: 171.02 22-Oct low

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