Updated the:
05/09/2012
GBP/JPY Technical Analysis comments :

Sentiment :
sentiment
130.50
sentiment
130
sentiment
The pair GBP/JPY made yesterday a pullback on 129.50 and is currently testing the support at 128.85 for the second time.
All indicators are bearish.
We continue to advise short positions as far as 130 is resistance.
The breakout of 128.85 will give a new sell signal and open the way towards 127.70.
In case of return above 130, we will be neutral between this level and 130.50.
The breakout of 130.50 will give a new buy signal.
Complete sheet of the pair GBP/JPY - Previous GBP/JPY Analysis
Chart of the pair GBP/JPY - Timeframe 4H - Zoom in :
GBP/JPY
 
Chart of the pair GBP/JPY - Timeframe 4H - Zoom out:
GBP/JPY
GBP/JPY Live Chart - Timeframe : 4h
Chart