2012.06.04 16:25:34 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 @ 119.8 & 119.25 in extension. Alternative scenario: Above 120.9 look for further upside with 121.7 & 122.45 as targets. Comment: the pair is rebounding but stands below its resistance. Key levels 122.45 121.7 120.9 120.584 last 119.8 119.25 118.7 Trading Central recommends MT5 to publish FX charts Copyright Trading Central 1999-2011