GBP/USD down again & EUR/JPY at new lowest level

After news release the london session (Prelim GDP q/q), pound is weak agains. The technikal GBP/USD on H4, EMA 6 not cross EMA 36

GU-27 jan-10

If GBP/USD had exceeded the lowest level this week at 1.6075, so GBP/USD will be trying at price 1.6000.

Yesterday I was told to you about EUR/JPY, if can touched the lowest level at 126.52, so EUR/JPY will downtrend again, But now I don’t recommend selling EUR/JPY to you, because EJ already oversell.

EJ 27 jan 2010

Now EUR/JPY at new lowest level, at price 125.20

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