Wednesday, 2 May 2012
2012.05.02 05:53:15 GBP/JPY intraday: bullish bias above 129.7.
GBP/JPY intraday: bullish bias above 129.7.
Update on supports and resistances.
Pivot: 129.7
Our preference: Long positions above 129.7 with targets @ 130.25 & 130.7 in extension.
Alternative scenario: Below 129.7 look for further downside with 129.2 & 128.85 as targets.
Comment: the RSI is well directed.
Key levels
131.05
130.7
130.25
130.07 last
129.7
129.2
128.85
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Time Candlestick Last Opinion Invalidation
01.05.2012 22:30 Harami 129.964 129.371
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