GBPJPY analysis - bounced off 38.2% fib level??

weekly and h4 charts at 10 am Malaysia

Geithner's comments pushed the beast up last night; however, it still failed to break fib 38.2% retracement level. I went short at 144.50 (which coincides with fib 50% retracement level), still targeting 138.9x as my 1st profit taking.

Let's see how low the beast will go....


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