Friday, August 1, 2008

Gbp vs Jpy 1H


I'm looking forward for a further downside if wave iii (yellow) really in progress. But if the "triple bottom" scenario is valid, then we shall see the price will bounce again. Also please be extra careful today since tonight (8.30pm GMT +8), there will be an NFP announcement. Preferably, I'm looking for a further downside movement during the NFP news. Good luck.

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