Gbp/Jpy

Devise Pivot points pound / yen on 14/1
First support (141.55)
Support second (142.24)
Support third (142.99)
Pivot line (143.68)
First resistance (144.57)
Second resistance (145.31)
Resistance third (145.67

http://i46.tinypic.com/30da494.gif

The pair is continue to move upside in the ascending channel and stable above the Linear regression Indicator. For the extension of this movement a break of resistance level at 145.75 is required on the other hand stochastic is at overbought condition which negates the further bullish movement. Therefore at this point we remain neutral until we get a confirm signal for the upcoming big move.

gbp/jpy technical analysis by using : adx

adx : 36.5159
+di : 8.5490
-di : 31.1772
timeframe : 1 hour
date : 14.01.2013

Entry price recommendation: 144.10
The focal point trading: 143.5
Recommendation: Access buy above 143.5 with target. Levels 144.8 & 145.9 in the case of an extension upward movement
Alternative scenario: in the case fall under the 143.5 is expected that the price will continue its downward trend over with a target level of 142.9 & 142
Comment: chart GBP / JPY today, confirmed the pair on the health science and is now facing upward bounce from the level of support before further gains
Resistance levels
146.85
145.9
144.8
Support levels
143.5
142.9

sell gbp/jyp at the level 143.62 with targets at 142.30 and 141.63, but in case of breaking the level 143.96 then buy at this level with targets at 145.17 and 145.93

GBP / JPY bohat Acha hay Magar pair is trading at Ko samajna thora mushkil hay agar AP journalists are easy to install, P. Ko Phir profit society or P-Ko koi nahi masla ker saktay ho ho ga trading profits kernay kay liye mein earn revenue.

gbp / jpy pair just tried to break through the 142.89 support but it ended in a false breakdown which was a signal of weakness bears and only increased the importance and power of this level, in order to keep the purchase of 144.40, I believe that the trend is not yet exhausted, especially as a very brief stop - for a minimum of 142.70 days.

Correction of whack GBPJPY is testing 143.35, if the following targets through strong 142.99.support uptrend line 1 hour chart, 142.45, as well as the area in anticipation of a bullish reversal VST. Area in anticipation of a bearish reversal VST is 144.57 and 144.88.

Spoiler:

http://financeroll.co.id/wp-content/...anuari2013.png

GBPJPY 15-01-2013 opening price 143.79
Previous range 196 point, 25% of the previous range = 49 point.
Enter BuyStop at 144.28 (level was hit), Stop loss at 143.30, Target: 144.76
Enter SellStop at 143.30, Stop loss 144.28, Target: 142.80

Ultimately, only a weekly close below 125.00 and concern the delay, while a daily close back above 128.00 confirms bias and should accelerate.