GBP/JPY - British Pound Yen, Asian Session - 28/02/08
209,54. GBP JPY broke 210,00 support. GBP JPY is in an downtrend directed by 15min exponential moving averages. The volatility rises. Bollinger bands are deviated. 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 208,00 support.
- Resistances
- 210,25 - 211,20
- Supports
- 209,50 - 209,00
Source : GBP JPY
This entry was posted on Thursday, February 28th, 2008 at 22:54 and is filed under GBP JPY. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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