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Friday, June 13, 2008

GBPJPY


GBP JPY is in a consolidation after the last bullish movement. There is an horizontal range between 209.60 and 210.20. If the resistance is broken then the target will be 214.00.

Lookout for a break of resistance to take a long position.

GBPJPY
LONG position at 210.20
STOP LOSS below 209.20 (-100 pips)
THE TARGETS are 210.60/ 210.88/ 211.22
OP, SL & TP at your own risks

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