Friday, April 11, 2008

GBP/JPY 11 April 2008


  1. Here the GBP/JPY s still in the bearish mode as evidenced by the PSAR (the blue and the yellow colors) Alos, the bbands are bearsih.
  2. The blooinger squeeze is showing bullsih signal only if it break 204.24
  3. A continuation o fthe bearish movement is possible if it breaks the 198.00 barrier
  4. The qqe might show a bearish signal in the next couple of days.