Posted by: Babu Suresh | March 9, 2009



Pound’s unsuccessful attempts to break its nearest resistance 139.81, during Asian session, broke firmly my yesterday’s support 137.50, touching a low of 135.9. At the time of posting this analysis, it has been trading at 136.51, with a hope of holding its nearest support 135.52.

I expect a relief rally up to 138.24, the 200 ema, in anticipation of better data to be seen tomorrow.

GBP-JPY-30M-ChartsGBP-JPY-30M-09-03-09 GBP-JPY-15M-ChartsGBP-JPY-15M-09-03-09

Healthy And Wealthy Trading


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


%d bloggers like this: