Posted by: Babu Suresh | May 28, 2009

GBPJPY-28-05-09

GBPJPY M30–ChartsGBPJPY_M30-280509 (click the image to zoom/enlarge)

Hello Friends,

Pound despite huge turmoil at the home front, has really out-performed. As I had mentioned in 26th May post, has all the possibilities to test 160 in the coming weeks, unless something dramatic turns up. Let me also thank S&P for their timely downgrading. 🙂

GBPJPY H1–ChartsGBPJPY_H1-280509 (click the image to zoom/enlarge)

 I would appreciate a sizable correction that would help creating more space.

My present supports and resistances – supports 152.08, 151.26, 150.85 & resistances 153.99, 154.92

 GBPJPY H4–ChartsGBPJPY_H4-280509 (click the image to zoom/enlarge)

For any guidance mail me at tradewithsuresh@gmail.com

Skype: sureba67 & Yahoo: psb67

 

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