Archive for the 'Gbp/Jpy' Category

Gbp/Jpy technical view

Monday, December 1st, 2008

Here is where we can see very clear the two currencies actual strength commented earlier. The pair has break to the downside a tight range, and hit the 140.20 zone, first support for today, followed by 139.40 and then, the zone @ 138.80. A confirmation above 140.90 will extend upside correction first, to 141.53, followed […]

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Gbp/Jpy technical view

Monday, December 1st, 2008

Here is where we can see very clear the two currencies actual strength commented earlier. The pair has break to the downside a tight range, and hit the 140.20 zone, first support for today, followed by 139.40 and then, the zone @ 138.80. A confirmation above 140.90 will extend upside correction first, to 141.53, followed […]

Posted in Gbp/Jpy, Short-Term Analysis | No Comments »

Gbp/Jpy medium term

Wednesday, November 12th, 2008

While Gbp is extremely week, Japanese yen is the second most strong currency at these days. The trend is clearly bearish, and if you tale a look at this chart, you will see the pair close to the base of a channel @ 1.4690, while also indicators point in that direction. I can see some […]

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Gbp/Jpy in the longer term

Thursday, September 25th, 2008

i have been asked about this particula pair, and the chances of a bullish continuation. Krishna says:
I am counting this way
1st wave starting point - 250 to 220
2nd wave - 220 to 240
3rd wave -240 to 192
4th wave - 192 to 215.70
5th wave - 215.70 to 185
now A-B-C correction should come atleast 50-60% of entire rally […]

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