The GBPJPY Could Rise Before Continue Downtrend

Forexworld - Resistant: 132.70 – 133.35 – 109. Support: 131.80-130.90 – 130.00

DJIA showed mixed movements yesterday. Prices had climbed to 132.26 terkerek, but closed at 131.72 weakened and strengthened to 132.08 back in early trade Asian session today. Intraday bias being neutral in the short term with the possibility of trend bullish bias test area 132.70. Support looks in the nearest area 131.80, fall consistently below the area could trigger further bearish pressure test area 130.90. As long as the price of surviving under the area of 133.35, technical outlook still bearish overall.