Updated the:

01/17/2011

GBP/JPY Technical Analysis comments :
Sentiment:

sentiment

The pair GBP/JPY continues its bullish movement after its pullback on 130.50. The breakout of 131.21 gave us a new buy signal. The next resistance is at 132. We maintain to trade only long positions as far as 131 is support. The breakout of 132 will give a new buy signal. However, if 131 is broken, we will be neutral between this level and 131.50.

GBP/JPY

GBP/JPY