GBP/JPY - British Pound Yen
Short term (Intraday)
214,39. GBP JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. The consolidation should continue. The price should find a support above 213,80. If the support is broken then the target will be 212,20 (220 pips).
We are waiting for a break of support to take a short position.
We are waiting for a break of support to take a short position.
- Resistances
- 215,10 - 215,80
- Supports
- 213,80 - 212,90
updated 28 juil 2008 05:24 GMT +02:00
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