Posted by: Babu Suresh | May 1, 2009

Forex-GBPJPY-01-05-09

GBPJPY M30–ChartsGBPJPY_M30-010509

Hello Friends,

Happy May Day to you. This May Day would have been different if there was no Swine Flu, which is rocking the whole world with huge uncertainty. I will continue to pray for all those who were affected by this flu.

After a spectacular rise from 139 to 146, Pound is trying to take  respite. I would exercise caution at these levels if I were to be a position trader as chances are high for a good correction.

GBPJPY H1–ChartsGBPJPY_H1-010509

My probable supports and resistances – supports 145.13, 144.42, 143.63 & resistances 146.92, 148.02

For any guidance mail me at tradewithsuresh@gmail.com

Skype: sureba67 & Yahoo: psb67

Healthy And Wealthy Trading

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