AceTraderForex July 1, 2013 : Daily Outlook on Minors/Crosses GBP/JPY


[B]DAILY GBP/JPY CROSS OUTLOOK - 151.40

01 Jul 2013 06:26GMT[/B]

Stg’s breach of Fri’s high at 151.15 suggests consolidation with upside bias wud be seen but abv
151.93 is needed to extend recent rise to 152.38.

Buy on dips with stop as indicated n only below 150.51 aborts n risks weakness to 149.74.

STRATEGY : Buy at 150.95

OBJECTIVE : 151.90

STOP-LOSS : 150.55

RES : 151.39/151.93/152.38

SUP : 150.51/149.74/149.26