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GBP JPY settles on the support 7/3/2013
The sideways bias effect continued on the pair’s recent trading to be limited between 141.40 and the new channel’s support, therefore we remain in our positive expectation to achieve 141.90 followed by 142.30 conditioned by the stability of the support level.
Carefully note that breaking below the support level will make the price fluctuate negatively to limit the trading between 141.40 and 139.30 thus we must be aware in today’s trading.
Expected trading range is between 140.40 and 141.90
Expected trend: bullish if the support level remains intact.
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Platinum is stuck below the average 7/3/2013
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MoreUSD CHF begins to rise 07/03/2013
The pair opened yesterday’s trading positively, to activate our bullish trend expectations which its targets begin at 0.9500 and extend to reach 0.9615.
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