Posted by: Babu Suresh | May 17, 2009

GBPJPY-17-05-09

GBPJPY M15–ChartsGBPJPY_M15-170509

Hello Friends,

I am sure all of you are having a nice weekend.

Although the pull back that I anticipated did happen, I don’t regret it did not sustain. It only helped further create more room.

143.50, my 1st support on 14th May, is still holding well. I will not rule out 142 getting tested coming week. But chances look much better than last week for upward momentum since I see the fall has been quite weak in the last phase. I am leaving my 14th supports and resistances as they were.

GBPJPY M30–ChartsGBPJPY_M30-170509

My present supports and resistances – supports 143.57, 142.65, 141.09 & resistances 144, 98, 145.35, 146.50


GBPJPY H1–ChartsGBPJPY_H1-170509

For any guidance mail me at tradewithsuresh@gmail.com

Skype: sureba67 & Yahoo: psb67

Healthy And Wealthy Trading

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