DAILY CROSS OUTLOOK : GBP/JPY

DAILY GBP/JPY CROSS OUTLOOK – 149.50 18 Apr 2013 07:05GMT Despite y’day’s recovery fm 148.13, intra-day retreat fm 150.06 suggests another fall to 148.13 wud be seen but break is needed to yield 147.66. Trade fm short side for this move n only abv 151.16 wud signal decline fm 153.85 has ended, 151.74. STRATEGY : Short at 150.00 POSITION : Short at 150.00 OBJECTIVE : 148.50 STOP-LOSS : 150.10 RES : 150.06/151.16/151.74 SUP : 148.13/147.66/146.47

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DAILY CROSS OUTLOOK : GBP/JPY – April 18, 2013

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