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Friday, February 22, 2008

GBP/JPY heading to 200.00?

GBP/JPY heading to 200.00?
As you can see in the chart below, GBP/JPY has been consolidating in a tighter and tighter range. This usually happens and then it will break and continue in the direction of the original trend. If it breaks below, chances are it will drop as much as it did before it got into that consolidating range which will bring it down to 200.00. This trade is not ready yet but its forming and I just wanted to get your attention for now so you are ready to trade it when it's ready so you do not miss a good chance. If you wish to be alerted about this, please send me an email to add you to my mailing list.

I send free daily swing signals through email, if you wish to be added to my mailing list, please send me an email at mbargouti@gmail.com
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