WaveTrends

Gbp/Jpy Update

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OANDA:GBPJPY   Libra Esterlina/Iene Japonês
Well if you have been following me on this one...
Im trying to hold to 145.000....
Im in profit and a move up happened....
Im still holding the sell..... and I believe that price will continue to fall. It may not fall until london, may move up all night and fall during new york.... but the long term direction in my opinion is still down because of the chart pattern on the daily time frame...
Price Printed a reversal pattern known as a head and shoulders pattern and this pattern is clearly still in tact.
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