Thursday, January 8, 2009

Gbp vs Jpy 1H Update #1


At this moment, please be noted that price just bounce from the lower red trendline and I believed market in bearosh retracement trend to perform the corrective wave b (white or yellow) before expecting for another bullish continuation trend to complete corrective wave c. A further breakout to the lower red trendline would bolster the retracement trend scenario but please be careful for any breakout further more then 133.95. Good luck.

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