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GBP/JPY capped below 125.5
NASDAQ - May 21, 2013
FXstreet.com (Barcelona) - GBP/JPY is currently at 125.30, justly below day and weekly highs at 125.46/55, 0.38 of down leg from April 2011.and more »
GBP/JPY capped below 125.5
FXstreet.com - May 21, 2013
GBP/JPY is currently at 125.30, put below day and weekly highs at 125.46/55, 0.38 of down leg from April 2011 highs 140/116.75. The pettish is flat for the week, with a weekly low Monday at 124.29, and also tenement for second consecutive week, at same and more »
GBP/JPY finds support at 124.85, back above 125.00
Forexrazor - May 21, 2013
FXstreet.com (San Francisco) - After testing 1-week tipsy at 125.45 and retracing back to levels For more information, assume from our latest forex newsand more »
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD
International Business Times - May 21, 2013
Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD Invest in News NetworkThe euro is slightly stoop this morning, albeit well within its recent ranges before of a key ECB meeting later this week. In light of the growing regional turmoil, investors are widely gravid an easing in policies from the Bank. That change may fly at RBA Holds Rate 3.50%, Initial AUD Repulsion Is BearishEuropean session FX pre-openForex - USD/JPY steady on wasted US manufacturing dataall 195 news articles »
GBP/JPY finds support at 124.85, back above 125.00
NASDAQ - May 21, 2013
FXstreet.com (San Francisco) - After testing 1-week capital at 125.45 and retracing back to levels below the 125.00, the GBP/USD has found brace.

GBP/JPY Stop Run Day Trade Setup

This would have been a mammoth trade but smart money created one last break run which closed me out for -20 pips. This is a great benchmark of how they ...

GBP/JPY Elliott wave count and Fibonacci levels for May 18, 2012 ...

GBP/JPY is developing impulse wigwag C of standard articles downtrend from 129.32 (explanation immature in the plot). Within this gesture we have three subwaves (red in the plot), and impulse subwave C is developing from 128.71. The latter also has its subwaves (tawny red in the plot), and impulse subwave C is developing from 128.33.

The pressing supports are Fibonacci expansions off 131.75-127.76-129.32.

Supports:

- 122.86 = expanded aim nucleus (XOP)

If the fee reverses to the upside the swift resistances will be Fibonacci retracements of the indicate down from 128.33 – this brandish is not ready yet, so no resistances are convenient so far.

Overbought/Oversold

The bigger wavelet is now persuasive down, so it’s preferable to try impecunious positions when the Detrended Oscillator goes above the zero elevation (25-30 pips above the known prices) or into the overbought breadth (40-50 pips above the around prices). Shield for opportunities to go curtail at or penny-pinching the indicated resistances.

Source: GBP/JPY Elliott wave count and Fibonacci levels for May 18, 2012 ...

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