Archive for October, 2006



FXCM: British Pound Crosses Reverse Lower

Thursday 5 October 2006 @ 7:28 am
GBPJPY#8211; The break above 222.23 proved to be false and GBPJPY has fallen back into the 220.17-222.23 range. Daily CCI has declined from above 100 and favors a reversal lower. A break below the 9/29 low at 219.91 could trigger that reversal. ......