GBP/JPY - British Pound Yen, European Session - 28/07/09

By IBTimes Staff Reporter | July 28 2009 1:19 AM

156,92. GBP JPY is in a consolidation after the last bullish movement. GBP JPY is in a range between 155,35 and 157,65. The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in 155,35 / 157,65 range.

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Resistances: 157,65 - 158,80
Supports: 156,25 - 155,35

tags: Forex, gbpjpyauthor: Arnaud JeulinMataf.net offers technical analysis, forex news and currency converter.

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