At this point, intraday bias in GBP/JPY remains on the downside with 144.32 minor resistance intact. Current fall from 149.15 is expected to continue for a test on 139.26 support first. Break there will confirm that whole decline from 163.05 has resumed and should target 61.8% retracement of 118.81 to...

http://www.actionforex.com/action-insight/...20091210102412/