British Pound Japanese Yen Forex Trading Report .

Currency Market Summary: British Pound / Japanese Yen

Market Prices
Open	137.04 ↑
High	137.52 ↑
Low	135.87 ↑
Close	136.29 ↓
Change	-0.70 -0.51%
FX Market summary In the previous market session British Pound / Japanese Yen closed lower, down -0.70 points. [CloseDown] GBP/JPY has made a new 50 day high. [50DayHigh, 20DayHigh, 5DayHigh] The FX rate GBP/JPY has rallied. [Rally]

Trading Levels
Resistance 3	137.87
Resistance 2	137.50
Resistance 1	136.89
Close	136.29
Support 1	135.69
Support 2	135.08
Support 3	134.71
Forex Trading Signals The market stayed below resistance level 1[ResHeld] In the previous trading session the market broke down through the first support level. [Sup1Broke] The market closed the session between support and resistance levels one. [SupCloseRes]

50 day high	20 day high	5 day high	5 day low	20 day low	50 day high
137.52	137.52	137.52	130.80	130.80	126.73

Moving Averages		Commentary
5 Day	135.34	GBP/JPY remains above its 5 day moving average. [CloseMa5]. This has been the case for 3 days when the closing price at that time was 134.77.
20 Day	134.14	GBP/JPY remains above its 20 day moving average. [CloseMa20]. This has been the case for 3 days when the closing price at that time was 134.77.
50 Day	134.53	GBP/JPY remains above its 50 day moving average. [CloseMa50]. This has been the case for 3 days when the closing price at that time was 134.77.

FX Technical Analysis: British Pound / Japanese Yen

Moving Averages		Commentary
5 Day	135.34	GBP/JPY remains above its 5 day moving average. [CloseMa5]. This has been the case for 3 days when the closing price at that time was 134.77.
20 Day	134.14	GBP/JPY remains above its 20 day moving average. [CloseMa20]. This has been the case for 3 days when the closing price at that time was 134.77.
50 Day	134.53	GBP/JPY remains above its 50 day moving average. [CloseMa50]. This has been the case for 3 days when the closing price at that time was 134.77.

Stochastic		Commentary
Stochastic	85.98	The stochastic is overbought yet it continues to rise. [StocOB, StocRise] The move up has been in place for 4 days at a price of 132.60.
Trigger	79.74

Stochastic RSI		Commentary
Stochastic RSI	75.89	The stochastic RSI continues to rise. [StocRSIRise] The move up has been in place for 3 days when the price was 134.77.
Trigger	64.79

Ichimoku Kinko Hyo Commentary
The Ichimoku Kinko Hyo trading system for GBP/JPY is neutral and has been neutral for 3 days. The closing price at that time was 134.77. [IchiNeutral]

Forex Trading Signals

FX Trading Signals - Technical Analysis signals recently generated.

GBP/INR: [Swing Buy]

GBP/SGD: [Swing Buy]

CAD/JPY: [Outside Day] [5 DMA Bearish Cross] [20 DMA Bearish Cross]

USD/AUD: [5 DMA Bearish Cross]

USD/SEK: [Inside Day]

Forex News

Foreign Exchange headlines.

Fri, 30 Jul 2010 09:27:52 GMT+00:00 My Trading Strategy with Moving Averages Tunnel and RSI (Forex Education) - IBTimes

Fri, 30 Jul 2010 06:10:15 GMT+00:00 Rolls-Royce profit drops on forex loss – Suppliers Share Wrap - Centre for Asia Pacific Aviation (subscription)

Fri, 30 Jul 2010 11:15:12 GMT+00:00 Forex Market Update - IBTimes

Thu, 29 Jul 2010 16:20:50 GMT+00:00 WORLD FOREX: Euro Falls From 11-Week High, Still Up On Dollar - Wall Street Journal

Fri, 30 Jul 2010 09:59:03 GMT+00:00 Forex - Top Asian Market Stories - News/Data Recap - Jul 30th - FXMarketAlerts.com

www.forex.co.uk

British Pound / Japanese Yen Overview:

Currency Market Summary: British Pound / Japanese Yen

FX Technical Analysis: British Pound / Japanese Yen