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Technicals

Technical analysis for crosses(GBP/JPY)-12/5/2007

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05 December 2007 @ 12:00 am EST
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(GBP/JPY)

The Pound is still not able to gain against the Yen, as the pair lacks momentum, the general trend for the pair remains well to the upside, and the first target is still the 227.90s, but the pair is yet to show solid upside movement, the point at 225.42 seems to offer good demand for the pair. 

 

Support

226.86

226.36

225.80

225.42

224.81

Resistance

227.46

228.07

228.68

229.18

229.68

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