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Dynamic Trader Blog - Forex Chart Pattern Signals

Tuesday, November 13, 2007

Pound Yen Support?

Daily Advanced Get chart of GBPound Yen
Chart courtesy of Advanced Get. Data provided by eSignal.

The daily chart of the GBPJPY shows a possible support level at 225 the figure. CT's unwind and if they continue then we could see further weakness. Watch this cross as it has come to an interesting area. Should we have a break and close then watch the next Figure for a support.

FXCPS Team