GBP/JPY

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GBP/JPY Support Broken

Tuesday, April 29th, 2008

Last night we commented on the direction of the GBP/JPY. We also specified the 62% level of the Fibonacci support at 206.75 a possibility on the Asian market as all “..indicators and trading analyses point south.” See yesterday’s post.

GBP/JPY Relinquish Morning Gains

Monday, April 28th, 2008

GBPJPY maintained its last week’s bullish tone in the European session this morning. The rallies presented trading opportunities. The move of the day started with a quote of 206.78/80 and quickly GBP/JPY Gain Recedesprovided a +100 pips opportunites in less that two hours of trading. After an hour of further consolidation the market rose to a daily high of 208.63.

GBP/USD, GBP/JPY, EUR/GBP - Low Risks Opportunities Today

Friday, April 25th, 2008

Across board, the pounds sterling, faired well against other currencies, GBP/USD, GBP/JPY and even the grand old lady, EUR/GPB. All presented low risks opportunities today. From the blast of the bell this morning the pound shot out like a man who stole.
Right from the Euro-session start, there were shared bullish sentiments about the pound sterling.

The GDP [...]

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