Forex Forum
Aeron News => Forex Market: News/ Trend/ Technical Analysis => Topic started by: Hemant on February 24, 2011, 05:05:21 am
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GBP/JPY Daily Outlook
GBP/JPY's fall from 135.48 extends further to as low as 132.25 so far today and the break of 132.48 resistance turned support indicates that a short term top is at least formed. Intraday bias is back to the downside for deeper fall towards 129.29 support. Though, we'd expect strong support<img src="http://feeds.feedburner.com/~r/ActionInsightallTechnical/~4/a34ouf2HWVo" height="1" width="1"/>
Source: GBP/JPY Daily Outlook (http://feeds.actionforex.com/~r/ActionInsightallTechnical/~3/a34ouf2HWVo/)