Posted by: Babu Suresh | July 5, 2009


Hello friends,

Hope all of you are enjoying your weekend. My best wishes to my American friends on their Independence Day and pray coming months would bring relief to their sufferings.

GBPJPY-060709Despite thin trading on 3rd of July, Pound stayed above 156 against JPY and has strong possibilities to test 157.50 on Monday during Asian session, subject to her holding well on to her 156 support.

With array of data expected coming week from both Britain as well as Japan, I would reasonably expect some decent gains.

GBPJPY-1-060709I am leaving my Supports and Resistances as they were on 2nd of July, 09.

Healthy And Wealthy Trading



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