Thursday, December 2, 2010

Gbp vs Jpy 1H

Preferably, I believed market in progress either to complete subcorrective wave b in aqua or white (bear trap) before expecting towards a bullish reversal trend scenario. Otherwise, we may see another strong bearish continuation trend scenario to complete subwave 3 in yellow. Please be extra careful towards NFP announcement tonight (9.30pm GMT +8). Happy weekends and good luck.