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Author Topic: GBP/JPY Daily Outlook  (Read 4094 times)
Hemant
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« on: February 24, 2011, 05:05:21 am »
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
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