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Sunday, 12 July 2009

GBPJPY reverses from Breather!

Good evening ladies and gentlemen

This is a quick update on the GBPJPY that will be under scrutiny for the following week as well. We left price at a breather level on the 4 hour chart and were anticipating a reversal. That is exactly what happened and has reversed back in the direction of the trend. So it will be interesting to see how she behaves over the 5 days of trading! We may see some SM profits being handed out!

I hope you have all had a fabulous weekend and are fully recharged for the week ahead.

Till tomorrow

Abundance is your Birth Right

Zaheer Anwari