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Archive for April, 2009

Apr 23 2009

Gbp/jpy at the lower trendline of the bullish channel.

Gbp/jpy is must watch out at te momentIt is at the lower trendline of the bullish channel.The break of it will bring lot many sellers trying to take the gbp/jpy to 135 and if that broken to 129.If we bounce of this level at lower trendline of bullish channel we may go higher to test 153 to 155 level which is upper trendline level . This is going to be very interesting!So watch out Gbp/jpy now.

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