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Sunday, November 28, 2010

GBP/JPY Weekly Outlook November 29- December 3

Sunday, November 28, 2010
Forex Trading GBP/JPY Weekly Outlook November 29- December 3 GBP/JPY's sharp fall and break of inner channel suggests that rebound from 126.42 has finished at 134.19 already. Initial bias is neutral this week and we might see some sideway trading first. But another fall will remain in favor as long as 132.60 minor resistance holds. Below 130.83 will bring another fall towards 126.42 support

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