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Old 09-27-2007, 12:12 AM
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numbercruncher numbercruncher is offline
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GBP/JPY technical analysis

I was looking at the monthly chart going back 20 years and noticed that major highs have often happened in August. From the chart
1 - August 1990
2 - August 1992
3 - August 1998
4 - September 2007 (recent high was a bit late)

Also 2 and 4 are only 200 pips apart making me think a big drop might be coming!

Any thoughts?



Last edited by numbercruncher : 09-27-2007 at 08:04 PM. Reason: to improve image handling
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