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FxWirePro: GBP/USD hits one-month high, scope for further upside

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USD/JPY trims post-breakout gains, stocks blowback

Tuesday, May 26, 2015 3:41 PM UTC

USD/JPY trims post-breakout gains, SPX & N225 futures starting to skid
Key supports by London low & 38.2% projected at 122.48, stocks blowback
Medium-Term 38.2% at 122.40 should hold
161.8 off May 22 base is at 123.62 as interim target pre '07 peak at 124.14
Broad USD surge is a neg for US multinationals, feeds some yen haven buys

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USD/JPY trims post-breakout gains, stocks blowback

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