20th Jun - GBP/JPY Pullback Reaches Key Support Area
20 June 2013
WEEKLY CHART:
The pullback here is now testing the 23.6% retracement at 147.32, which coincides with supports on the Daily chart. A break below this would prolong the correction phase.
DAILY CHART:
The correction from near our Fibo projection at 157.30 has now reached an interesting support area comprising the 147.96 07-Feb high and 147.30 50% level (which coincides with 23.6% on the Weekly chart) and a channel base projection. Some sort of bounce attempt would not surprise around here.
A break below all this would, though, deplete the upward momentum and sideline the bulls for now.
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26th Jun - Gold Testing Long Term 38.2% Level 
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20th Jun - Wheat Holding at Long Term Support Line