| Global Interest Rates | |||
 Australia |
7.25% | ||
 Canada |
3.5% | ||
 EMU |
4% | ||
 Japan |
0.5% | ||
 Swiss |
2.75% | ||
 England |
5% | ||
 US |
2.25% | ||
Technicals
Technical analysis for crosses(GBP/JPY)-5/15/2008
The Pound settled against the Yen yesterday around the 204 levels as the pair closed above the critical level at 204.27 yet declined below it today, if the pair managed to breach this level it might extend the upside wave to reach the 205.44, while failing to breach the 204.27 could lead the pair back to the 203.27 or even extend the downside wave to the strong support at 202.76.
| |||||
| Support | 203.75 | 203.27 | 202.76 | 202.18 | 201.58 |
| Resistance | 204.27 | 204.94 | 205.47 | 206.14 | 206.81 |
Recommendation | ... | ||||
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