Wednesday, 13 October 2010
My Forecast
01:00GMT Good Morning Friends, GBPUSD showing downside as predicted last week - consolidation. EURUSD is back into Daily UP trend channel as predicted on Monday - the slide was a bluff. GBPJPY dropped below the DOWN trend channel and that shows that it is going to make below 128. Some series of data in GBP & EUR today.. We are looking extreme sides for EURs and JPYs. For now; EURUSD showing UP trend; a 1.3980-4000 in range. EURJPY will follow EURUSD to UP. GBPJPY is certain of going DOWN - the extreme at this moment is 127.70ish.GBPUSD is DOWN and GBPJPY in trouble as both majors are about to drop.
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