Posted by: Babu Suresh | May 26, 2009

GBPJPY-26-05-09

GBPJPY M15–ChartsGBPJPY_M15-260509

Hello Friends,

Good to see you all after a long weekend. Chances are this week we may see $ getting some life. Let’s wait and see.

Overall, Pound did well for the whole month, and I see it still has more room to surpass 160 in the coming month, subject to various developments.

In the intermittent period, if I were to be a position trader, I will exercise more caution as it has good scope to test 146.

GBPJPY M30–ChartsGBPJPY_M30-260509

My present supports and resistances – supports 149.56, 148.70, 146.84 & resistances 151.14, 152.03

GBPJPY H1–ChartsGBPJPY_H1-260509

For any guidance mail me at tradewithsuresh@gmail.com

Skype: sureba67 & Yahoo: psb67

Healthy And Wealthy Trading

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