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Analysis updated since 17 h
GBP/JPY - British Pound Yen
Short term (Intraday)
157,16. GBP JPY is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend daily (Mataf Trend Indicator) is in a bullish configuration. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 4H ForexSto (Modified Stochastic) indicate a bearish pressure on GBP JPY. The consolidation should continue. The price should find a support above 156,45 (71 pips).
We won't take a position. There is no trade configuration.
- Resistances
- 157,60 - 160,00
- Supports
- 156,50 - 155,65
- Long term chart
- GBP/JPY - British Pound Yen
updated 03 juil 2009 05:09 GMT
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