2012.05.09 07:11:24 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 @ 128.5 & 128.25 in extension. Alternative scenario: Above 129.25 look for further upside with 129.6 & 130 as targets. Comment: the pair is on the downside and is approaching its support as the RSI is badly directed. Key levels 130 129.6 129.25 128.646 last 128.5 128.25 128 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011