{video} GBPJPY bears turned busy around the key barrier of 130.68 this week, a break of which could put the rebound off 3-year lows in question. A resumption of the negative momentum is possible according to the MACD which continues to strengthen under its red signal line, while the RSI needs to pierce above its 50 neutral mark to reduce downside risks. Should 130.68 give up support, the spotlight will shift to the 128.00 mark once the 129.00 level is surpassed. Further down, the 3-year low of 126.53 could be a bigger challenge, which if violated could open the door for the 125.00 number. In case the bulls retake ... (full story)