Action Forex
09-04-2008, 01:49 PM
GBP/JPY recovers mildly after dipping to 191.44 earlier today. With 4 hours MACD crossed above signal line, an intraday low should be in place and further consolidation could be seen. Nevertheless, consolidation should be relatively brief as lon gas 196.82 holds. Break of 191.44 will indicate recent fall has resumed...
complete story here... (http://www.actionforex.com/action-insight/gbpjpy-outlook/gbp%10jpy-daily-outlook-2008090458729/)
complete story here... (http://www.actionforex.com/action-insight/gbpjpy-outlook/gbp%10jpy-daily-outlook-2008090458729/)