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Thread: GBP/JPY

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#3101 (permalink)

11-03-2009, 05:08 PM

keforex

Member

Join Date: Mar 2008

Posts: 107

keforex is an unknown quantity at this point

Hello all,

I see another 150-175 pip drop on this pair this week and next week. I don't hold a crystal ball here and I am not telling anyone to go short, but that's what my chart analysis tells me right now. Since I'm already short for a while on this pair, this comes as good news for me, BUT... I don't know (no one does) if this will happen, so I'm keeping my profit taking stops in place in case of a reversal.

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