» GBP/JPY - British Pound Yen, American Session - 27/03/08

GBP/JPY - British Pound Yen, American Session - 27/03/08

201,65. GBP JPY broke 201,00 resistance. The volatility rises. Bollinger bands are deviated. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The uptrend should continue on 202,50 resistance.
Resistances
202,00 - 202,50
Supports
200,85 - 199,45

Arnaud Jeulin

Source :

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