Mizuho Corporate Bank

Technical Analysis 25 January 2010

GBP
GBP=D3, Last Quote [Candle], Last Quote [Ichimoku 9, 26, 52, 26] Daily
06Oct09 - 02Mar10
Pr
GBP=D3 , Last Quote, Candle
25Jan10 1.6107 1.6144 1.6090 1.6142
GBP=D3 , Last Quote, Tenkan Sen 9 1.68
25Jan10 1.6268
GBP=D3 , Last Quote, Kijun Sen 26
25Jan10 1.6146
GBP=D3 , Last Quote, Senkou Span(a) 52 1.67
01Mar10 1.6207
GBP=D3 , Last Quote, Senkou Span(b) 52
01Mar10 1.6356 1.66
GBP=D3 , Last Quote, Chikou Span 26
21Dec09 1.6142

1.65

1.64

1.63

1.62

1.61

1.6

1.59

1.58

1.57
12Oct09 19Oct 26Oct 02Nov 09Nov 16Nov 23Nov 30Nov 07Dec 14Dec 21Dec 28Dec 04Jan 11Jan 18Jan 25Jan 01Feb 08Feb 15Feb 22Feb 01Mar

Comment: Still suck between the Ichimoku ‘cloud’ and 61% Fibonacci support. Daily and weekly ‘clouds’
become very thin Tuesday and mid-February so watch for upside breaks then.

Strategy: Attempt very small longs at 1.6130; stop below 1.6070. Short term target 1.6240, then 1.6300.
Chart Levels:
Support Resistance Direction of Trade
1.6120 1.6155
1.6090 1.6245
1.6077 1.6300
1.6000 1.6380
1.5945 1.6459*

Produced by London Branch - Nicole Elliott +44-20-7786-2509

The information contained in this paper is based on or derived from information generally available to the public from sources believed to be reliable. No representation or
warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This paper has been prepared
solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading
strategy.

Charts provided by Reuters.