GBPJPY Rally at Risk Below 153.80 If this week’s price action does end up being a false break, we could see an extended move lower over the coming weeks. Key support comes in at the lower boundary of the rising wedge between 151.50 and 152.00. A close below that would expose 149.35. Alternatively, a daily close back above 153.80 would keep the rally intact. Get the complete analysis here: http://bit.ly/2mTcx9N or visit the latest GBPJPY story (below my bio) and swipe up.