Monday, December 27, 2010

Gbp vs Jpy and Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - Preferably, I'm looking forward for a potential bullish trend either to complete a flat corrective of wave 4 in white or corrective wave c either in aqua or yellow. Otherwise, please be careful for any breakout towards the bearish continuation critical line 1 that would indicate that market may already in progress to complete wave 5.


Gbp vs Usd (Daily) - At this moment, I'm looking forward for a potential bullish trend either to complete subwave ii in yellow or subcorrective wave b in white or wave 5 in aqua. Otherwise, we may see an extension of bearish trend to complete the unfinish of subwave i or a. Good luck.