GBPJPY: Pressured To The Downside Medium Term
With a clean break and close below the 139.23 level, its Nov 26Â’09 low and the 138.22 level, its Feb 04Â’10 low the past week, the cross is now poised to head further lower in continuation of its medium term downtrend initiated from 163.06(2009 high).However, with overstretched daily studies we...
http://www.actionforex.com/technical-analysis/daily-forex-technicals/gbpjpy%3a-pressured-to-the-downside-medium-term-20100301107749/