The 155.40 level of the GBPJPY has been flirted with a few times, in the past few hours. Watch for a clear break below it for a scalp or short term intraday trade. I think the Sterling may lose a little steam as it comes down from the new monthly high on the Cable at 1.6555.
A break to the upside on the GBPJPY, may see a quick move back to 156.50. 
Thursday, July 23, 2009
0 comments