2012.05.07 04:44:51 GBP/JPY intraday: under pressure.

GBP/JPY intraday: under pressure. Update on supports and resistances. Pivot: 129.5 Our preference: Short positions below 129.5 with targets @ 128.25 & 128 in extension. Alternative scenario: Above 129.5 look for further upside with 130 & 130.35 as targets. Comment: the RSI lacks upward momentum. Key levels 130.35 130 129.5 128.677 last 128.25 128 127.8 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011