GBP/JPY - British Pound Yen
Short term (Intraday)
213,33. GBP JPY is in a range between 212,40 and 213,80. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. The price should continue to move in Bollinger bands. If the resistance is broken then the target will be 217,00.
We are waiting for a break of resistance to take a long position.
We are waiting for a break of resistance to take a long position.
- Resistances
- 213,80 - 214,00
- Supports
- 212,95 - 212,40
updated 22 juil 2008 13:10 GMT +02:00
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