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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 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011 Time Candlestick Last Opinion Invalidation 01.05.2012 22:30 Harami 129.964 129.371

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