fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Technical Analysis for GBP/JPY Tue Jun 04, 2013 9:39 am | |
| Technical Analysis for GBP/JPY The GBPJPY is rebounding after testing the bottom of the latest range-bound near 132.00, an initial overhead resistance resides at 153.35 a break above it should signal a retest of the top of this range around 154.70. Overall, we prefer remain neutral for now. Support: 152.20, 151.70, 150.70, 150.00, 148.80 Resistance: 153.35, 153.85, 154.30, 154.75, 155.10 Recommendation Based on the charts and explanations above, we prefer to remain neutral awaiting confirmation | |
|