GBP/JPY - British Pound Yen, American Session - 22/04/09

 @ibtimes
on April 22 2009 5:35 AM

141,49. GBP JPY is in a consolidation after the last bearish movement. The volatility is high. Bollinger bands are deviated. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. The price should find a resistance below 144,00 (251 pips). The downtrend should continue on 139,00 support (249 pips).

Resistances
142,00 - 144,00
Supports
141,10 - 139,00

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