WEEKLY GBP/JPY CROSS OUTLOOK - 141.40
02 Apr 2013 06:30GMT
As stg has remained under pressure after breach of 141.92 sup, suggesting erratic fall fm 144.87
(Mar) wud extend to 140.23 n then 139.14.
Sell on recovery with stop abv 143.39, break wud signal a temp. low is made, 144.76.
STRATEGY : Sell at 142.30
OBJECTIVE : 139.3
STOP-LOSS : 143.45
RES : 143.39/144.76/145.87
SUP : 140.23/139.14/137.89
DAILY GBP/JPY CROSS OUTLOOK - 151.10
08 Apr 2013 07:12GMT
Stg’s rally abv prev. high at 149.23 signals MT upmove fm 2011 low at 116.87 wud extend gain twd 152.00 b4 prospect of retreat due to o/b condition
Buy on dips with stop as indicated, below wud defer bullishness n risk 149.23.
STRATEGY : Buy at 150.35
OBJECTIVE : 151.80
STOP-LOSS : 149.80
RES : 152.00/153.23/155.20
SUP : 149.23/147.97/147.08
DAILY GBP/JPY CROSS OUTLOOK - 149.50
18 Apr 2013 07:05GMT
Despite y’day’s recovery fm 148.13, intra-day retreat fm 150.06 suggests another fall to 148.13 wud
be seen but break is needed to yield 147.66.
Trade fm short side for this move n only abv 151.16 wud signal decline fm 153.85 has ended, 151.74.
STRATEGY : Short at 150.00
POSITION : Short at 150.00
OBJECTIVE : 148.50
STOP-LOSS :150.10
RES : 150.06/151.16/151.74
SUP : 148.13/147.66/146.47