GBP/JPY - British Pound Yen
Short term (Intraday)
210,96. GBP JPY broke 212,00 support. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The downtrend should continue on 210,00 support. We won't take a position. The risk/reward ratio is too high to take a position..
- Resistances
- 211,60 - 212,00
- Supports
- 210,60 - 210,00
updated 05 août 2008 12:53 GMT +02:00
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