Talking Points: GBP/JPY Technical Strategy: FlatSupport: 172.00 (61.8% Fib exp.), 171.53 (50% Fib exp.)Resistance: 172.21 (trend line), 172.59 (76.4% Fib exp.) The British Pound managed to claw its way back above the 172.00 level against the Japanese Yen on the back of supportive rhetoric from BOE Governor Carney. Prices are testing resistance at 172.21 marked by a falling trend line set from January. A daily close above this barrier initially exposes ...
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