Joshua Shapiro, chief economist at MFR < David Resler, economist at Nomura Securities < Steve Goldman, market strategist at Weeden & Co. < Gary Thayer, chief economist with A.G. Edwards and Sons < Avery Shenfeld, senior economist at CIBC World Markets < Andrew Bekoff, chief investment strategist at Meyers Associates < C.J. Gavsie, director of corporate and institutional foreign exchange sales at the Bank of Montreal < Michael Gregory, analyst at BMO Capital Markets < Jose Manuel Gonzalez-Paramo, executive Board member at BCE < USD/CAD: Dollar weakened in early US session <

Technicals

Forex Center > News > Technicals

GBP/JPY - British Pound Yen, European Session - 09/07/08

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08 July 2008 @ 10:30 pm EST

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211,24. GBP JPY is in a range between 210,25 and 212,40. GBP JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Oscillators are neutral. The price should continue to move in Bollinger bands. We won't take a position.

Resistances: 211,80 - 212,40
Supports: 210,90 - 210,25

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