Monday, August 4, 2008

Gbp vs Jpy 1H Update #1


Until this moment, the lower red trendline still stand as a strong support line and I'm looking forward for a breakout to the downside direction. I believed we shall see a bearish continuation soon and please be careful for any valid of "double bottom" pattern. A breakout to the white critical line would bolster this scenario. Good luck.

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