Forex GBP/JPY Signals & Analysis (Wk Str 17/08/08)

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Hey Guys,

I know I haven’t done any analysis for the past few weeks but with the Summer holidays in the U.S. and U.K. GBP/JPY slowed down to a crawl and there was hardly any trading to be done. Last week it finally picked up again making a very strong bearish move to lows we haven’t seen since mid May. Since GBP/JPY is moving again I am restarting the weekly analysis. I am not doing a weekly wrap-up for last week since there was no analysis but last week was a great trading week. Several S+R line breaks and one scalp line break were all profitable and there was upwards of 350 pips up for grabs. Let’s hope this weeks a repeat of last…

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