GBP JPY is stable 6/12/2012

Economies.com
2012-12-06 08:15AM UTC

The pair made several attempts to breach the resistance level around 132.80 but  it remained stable below this level without achieving new positivity.

 

The pair continues with the positive bias within the upside channel with some fluctuation conditioned by the channel support level stability.

 

Our positive expectation of 131.15 stability for today.

 

 

Expected trading range is between 132.00 and 133.50

 

Expected trend is bullish, with being aware of the fluctations

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