By SFO | May 30, 2008

GBP/JPY - British Pound Yen, European Session - 30/05/08

208,41. GBP JPY is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on GBP JPY. The price should find a resistance below 209,00. If the resistance is broken […]
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