Monday, September 12, 2011

Gbp vs Jpy & Gbp vs Usd - Market Overview


Gbp vs Jpy (1H) - At the moment, a strong bounce scenario would bolster towards a potential of bullish reversal trend scenario either refering to the alt counts in yellow or aqua. Otherwise, please be careful for another bearish continuation trend scenario either refering to the alt counts in white or magenta.


Gbp vs Usd (Daily) - Preferably, I believe market may in progress to perform a bearish reversal reversal trend scenario either refering to the alt counts in aqua or yellow. A further breakout toward the bearish continuation critical line 1 would bolster to this scenario. Otherwise, please be careful if market bounce back from the white critical line. Good luck.