GBP/JPY - British Pound Yen
Short term (Intraday)
213,38. GBP JPY is in a range between 213,30 and 214,85. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. ForexTrend 4H (Mataf Trend Indicator) is in a bullish configuration. The price should find a support above 213,30. The price should continue to move in Bollinger bands. If the support is broken then the target will be 211,00.
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
- 213,80 - 214,85
- Supports
- 213,30 - 212,65
updated 01 août 2008 06:12 GMT +02:00
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