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Written by article default Monday, 02 May 2011 11:05
Great British Pound vs. Japanese Yen (GBP / JPY)Midday Report
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The trading range for today is among key support at 133.60 and key resistance at 138.40.
The general trend over short term basis is to the downside, targeting 118.80 as far as areas of 150.75 areas remain intact.
| Support | 135.50 | 135.00 | 134.20 | 133.60 | 131.05 |
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| Resistance | 136.20 | 136.80 | 137.30 | 13840 | 139.25 |
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| Recommendation | |||||
Euro vs. Japanese Yen (EUR / JPY)
Midday Report
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The trading range for today is among key support at 118.65 and key resistance now at 122.75.
The general trend over short term basis is to the downside, targeting 97.90 as far as areas of 132.50 remain intact.
| Support | 120.50 | 120.00 | 119.80 | 119.10 | 118.65 |
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| Resistance | 121.05 | 121.45 | 121.90 | 122.30 | 122.75 |
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| Recommendation | |||||
Euro vs. Great British Pound (EUR / GBP)
Midday Report
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The trading range for today is among the key support at 0.8780 and key resistance now at 0.9000.
The general trend over short term basis is to the downside, targeting 0.7780 as far as areas of 0.8965 remain intact.
| Support | 0.8880 | 0.8850 | 0.8820 | 0.8800 | 0.8780 |
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| Resistance | 0.8905 | 0.8925 | 0.8965 | 0.9000 | 0.9030 |
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| Recommendation | Our weekly expectations remain valid. | ||||