Posted by: Babu Suresh | March 6, 2009

Forex-GBP-JPY-06-03-09

GBP-JPY-1H-ChartsGBP-JPY-1H-06-03-09GBP-JPY-1Ha-06-03-09

In Continuation to my last post made on 2nd of March., its unable to break 141.54 resistance.

The interest rate cut made bye BOE yesterday, added further woe to the currency and is now on its downward journey with its supports at 136.58, 134.92 and a possible attempt to test 138.25 cannot be ruled out.

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