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Wednesday, 9 May 2012

2012.05.09 06:20:56 GBP/JPY intraday: under pressure.

GBP/JPY intraday: under pressure. Update on supports and resistances. Pivot: 129.25 Our preference: Short positions below 129.25 with targets @ 128.25 & 128 in extension. Alternative scenario: Above 129.25 look for further upside with 129.6 & 130 as targets. Comment: the RSI calls for a drop. Key levels 130 129.6 129.25 128.694 last 128.25 128 127.6 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011

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