06.24.08

GBP/JPY - American Session - 24/06/08

Posted in Currency, Forex, Forex Calendar, Forex Income, Forex Indicator, Forex Info, Forex News, Forex Signal at 7:08 am by yeop

Short term (Intraday)

212,34. GBP/JPY currency pair moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility rises. Bollinger bands are deviated. ForexTrend 4H (Trend Indicator) is in a bullish configuration. 1H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP/JPY. The price should continue to move in 211,00 / 213,25 range.

Resistances 212,40 - 213,20
Supports 211,70 - 211,00