Gbp/Jpy

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The short term trend of the pair is to the downside. Intraweek trading range of the pair is expected among key support at 121.10 and key resistance at 126.85. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

---------- Post added 07-17-2012 at 01:24 PM ---------- Previous post was 07-16-2012 at 06:52 PM ----------

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The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 122.30 and key resistance at 125.80. Based upon my chart analysis, I prefer to buying the pair above 123.15 with targets 124.20 then 125.30 and stoploss with four hour candle closing below 122.30.

GBPJPY is now moving up again. According prediksiku, this pair will rise towards the 124.36 level. But if the price had dropped below the daily pivot (123.46), then chances are this pair will go down to as low as 123.12.

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The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 121.50 and key resistance at 126.30. Based upon my chart analysis, I prefer to buying the pair around 122.90 with targets 124.20 then 125.30 and stoploss with four hour candle closing below 121.80.

http://i46.tinypic.com/2j2xkbb.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 121.50 and key resistance at 126.30. Based upon my chart analysis, I prefer to buying the pair with four hour candle closing above 123.15 with targets 124.20 then 125.30 and stoploss with four hour candle closing below 121.80.

on the daily chart we can see that the support level @123.43 was broken then we have a resistance level@ this level so i suggest selling now with a target point @23.6%.

GBPJPY get into the sideways zone. That would break down if the 123.18 level passed, which would bring this pair fell to 122.58. Conversely, break the level of 123.48, would bring this pair rose to 124.08.

http://i49.tinypic.com/24me2d3.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 121.50 and key resistance at 126.30. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.

The pair GBP / JPY gained the course to the south and stopped at a little bit now support 122.50, I think this is a temporary stop, I think the power of the trend, not yet exhausted the sample and forward movement to the next target 122.00 ....

Time is now clear that the 4 hour chart to be in a couple more in the corridor than in the trend, and I think the last few days, Down will support the price of 122.00 and where will be decided the fate of a pair of ...

GBP / JPY pair closed the week bearish candle closed below support levels expected to continue to fall until 76 Fibonacci levels at 121.30, at least

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