GBP/JPY technicals - Watch the triangle resolution for clues

FXStreet (Bali) - GBP/JPY has formed a triangle pattern that will likely keep the pair confined within familiar levels until a breakout is confirmed.

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Apr 9, 2014

USD/JPY bearish; Support seen101.20, 100.80 - FXStreet

Ivan Delgado, Head of Asian Editors at FXStreet explained that buyers appear to be running out of reasons to remain bullish on USD/JPY short term with the rate suffering its sharpest decline in more than 6 months.

AUD/USD technicals - Keep an eye on ascending trendlines

For those expecting AUD/USD dips to be shallow in nature, there are two ascending trendlines near by worth monitoring for a potential rebound towards new multi-month highs.