Posted by: Babu Suresh | April 29, 2009

Forex-GBPJPY-29-04-09

GBPJPY M30–ChartsGBPJPY_M30-290409

Hope friends of GBPJPY would have made use of this sizable rally.

Although chances are still bright for testing 142.92, I would prefer to wait on the sidelines until 143 is firmly surpassed. I will not initiate a fresh trade at this juncture and in case if I am running a position initiated yesterday, I would run the position with a stop loss at 141.84.

GBPJPY H1–ChartsGBPJPY_H1-290409

My supports and resistances – supports 141.48, 140.41 & resistances 142.76, 143.85

For any guidance mail me at tradewithsuresh@gmail.com

Skype: sureba67 & Yahoo: psb67

Healthy And Wealthy Trading

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