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GBPJPY Technical Analysis Forecast Monday, May 12, 2014

ForexZig.com May 12, 2014

GBPJPY Technical Analysis

In the previous trading day currency pair GBPJPY started trading at 172.106 and ended at 171.567.

Daily highest price was 172.292 and daily low was 171.215.

During the Asian trade session the pair GBPJPY started trading at 172.106 and ended at 172.149. Asian top value was 172.156, Asian lowest price was 171.925.

During the European trade session the pair GBPJPY started trading at 172.194 and ended at 172.054. European top value was 172.292, European lowest price was 171.896.

During the U.S. trade the currency pair GBPJPY started the session at 171.436 and closed at 171.410. US high was 171.706, US lowest value was 171.215.

GBPJPY Monday, May 12, 2014 Daily analysis for GBPJPY

Support Resistance points for today

S3 S2 S1 Pivot R1 R2 R3
170.014 170.614 171.091 171.691 172.168 172.768 173.245

GBPJPY Forecast

We expect short-term change at 0.620 and a long-term adjustment at 0.830 or our expectation is uptrend and goal 172.397.

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