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USD/JPY Technical Analysis - 19/AprilBy Praful Patat 05:00 GMT GBPUSD backed from 127.2% extension (1.6171) of 1.6427 to 1.6226 and retrace 38.2% (1.6247), (1.6300), if GBPUSD will reverse from 1.6247-1.6300 area then, extension at 1.6104, 1.6028 which is near to 78.6% at 1.6040 of 1.5935 to 1.6427. GBPUSD break of 1.6187 support next target will be 1.6123 and break of 1.6300 resistance further going up side toward 1.6337 on intraday. GBPUSD break of 1.6171 support next will be 1.6030 on daily chart. New High: 1.6297, 1.6378, 1.6347. New Low: 1.6134, 1.6215, 1.6184. Pivot Point: R3-1.6415, R2-1.6353, R1-1.6315, PP-1.6252, S1-1.6190, S2-1.6151, S3-1.6089.
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