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GBP/JPY Daily Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Apr 7, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    GBP/JPY recovers mildly today but upside is still limited below 205.09 resistance. As discussed before, failure to sustain above short term channel resistance (now at 204.28) and 4 hours MACD's stay below signal line suggest that an intraday top is in place already. Further break of 196.83 will add more...

    complete article here...

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