At this moment, intraday bias is still mildly on the downside in GBP/JPY and fall from 1451.49 might still extend further. But after all, note that rise from 118.81 is still in progress as long as GBP/JPY stays inside near term rising channel. Above 149.25 minor resistance will suggest that.... UWCFX
United World Capital Forex - Read More...
[Source: GBP/JPY Daily Outlook]
Tuesday, April 14, 2009
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