GBP/JPY intraday: consolidation.
26-May-11
07:24
Pivot: 133.85
Our preference: Short positions below 133.85 with targets @ 133 & 132.6 in extension.
Alternative scenario: Above 133.85 look for further upside with 134.05 & 134.5 as targets.
Comment: the RSI is mixed with a bearish bias.
Key levels
134.5
134.05
133.85
133.26 last
133
132.6
132.1
Ticker: GBPJPY