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is it going to streghten gbp agains jpy?
lets see the chart position below..

chart time frame H4 on friday Sept 19, 2008


chart time frame W1 on friday Sept 19, 2008


i'm not sure about bouncing back quickly.

it depends on how good is the england economic it self to make a good recovery. especially on how good is the consumer confident at the end of this month. coz it's weakening agains any other qurrencies also.
and for all of you to know that 184,475 price for gbp/jpy
is the lowest since september 01, 2003!!!
which is at around 179 (as seen below on chart monthly).


england economic had gone worst right now i guess..

and how about tomorrow??




back to forex, gbp/jpy today

jpy are still in a strong position agains gbp.



todays position at ......




frame weekly :




looks like it's still in range 185 and 191..



but when we looking at the H4 time frame :



it looks like confirming that this pair are still on downtrend through this week..
we'll see ok..

gbp/jpy, jpy still to strong


any comment when it will bounce?