InstaForex

Tuesday, April 3, 2012

The pair GBP/JPY has shaped yesterday a triple top on the resistance at 133 and then a correction occured, pushing back the price below the support at 131.50. Indicators are mitigated. We are neutral on the pair between 130.15 and 131.50. We advise to wait an exit of this range to take position: - Long above 131.50. The breakout of 133 will give a new buy signal - Short below 130.15.
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