Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 25, 2011, 05:23:55 am
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GBP/JPY Daily Outlook
Intraday bias in GBP/JPY remains on the downside with 133.23 minor resistance intact. As noted before, a short term top is at least formed at 135.48. Deeper decline could now be seen towards 129.29 support. Though, we'd expect strong support from 61.8% retracement of 125.48 to 135.48 at 129.30 to<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/fjYqcehGtnk" height="1" width="1"/>
Source: GBP/JPY Daily Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/fjYqcehGtnk/)