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Gbp/Jpy technical view

Posted on December 1, 2008 at 13:20 in Short-Term Analysis by Valeria Bednarik

Here is where we can see very clear the two currencies actual strength commented earlier. The pair has break to the downside a tight range, and hit the 140.20 zone, first support for today, followed by 139.40 and then, the zone @ 138.80. A confirmation above 140.90 will extend upside correction first, to 141.53, followed by 141.94 and finally 142.40 and finally the zone @ 143.10.

Tags: Gbp/Jpy

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