Posted by: Babu Suresh | May 10, 2009


GBPJPY M15–ChartsGBPJPY_M15-100509

Hello Friends,

Hope your weekend is going well. I think the present trend will continue for few more days before setting a firm direction. But I see no harm for day traders provided they have the right strategy to capitalize on the best moves during the session.

Technically looking at, Pound has been trading without much strength, giving all the indications for a good correction yet to come. Big guys may have plans to trap everyone around 152.

GBPJPY M30–ChartsGBPJPY_M30-100509

My present supports and resistances – supports 148.54, 147.35, 145.96,  & resistances 150.73, 151.55

GBPJPY H1–ChartsGBPJPY_H1-100509

For any guidance mail me at

Skype: sureba67 & Yahoo: psb67

Healthy And Wealthy Weekend

Healthy And Wealthy Trading



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