2012.06.04 05:51:20 GBP/JPY intraday: key ST resistance at 120.9.

GBP/JPY intraday: key ST resistance at 120.9. Update on supports and resistances. Pivot: 120.9 Our preference: Short positions below 120.9 with targets @ 118.7 & 118 in extension. Alternative scenario: Above 120.9 look for further upside with 121.7 & 122.45 as targets. Comment: as long as 120.9 is resistance, likely decline to 118.7. Key levels 122.45 121.7 120.9 120.134 last 118.7 118 117.7 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011