GBP JPY keeps the positive way 29/11/2012
Economies.com
2012-11-29 08:30AM UTC
The pair continued declining to reach 130.40 to settle within the bullish channel which is above the support level around 130.15 as shown in the enclosed chart.
We noticed that the pair settled in bullish bias by reaching 131.65 to move away from the support level waiting for achieving the suggested targets above 132.45 during the near and medium period reaching to 133.80.
The channel support stability around 130.15 makes us remain expecting the bullish trend until now
expected trading range is between : 131.35 and 132.80
expected general bias for today :bullish
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