Possible bull Trap in the GBPUSD if 1.6440 is not broken
GBPUSD 4hrs 27/12/2013
Move to the Upside @ Resistance 1.6549 and tries to break Out
volatility may bring the CHF back to the rising trend line for a continuation for the move up towards 0.9020
27/12/2013 updated break of the rising trend line allows for the down side to prevail bounce up into wave 4 then possible wave 5 decline towards 0.8782
A confirmed 3rd wave rally above 0.8388 and break out outside the Poseidon trigger line will increase gain in the Eurgbp towards 0.84665
27/12/2013 updated EURGBP
Break above Monthly resistance 0.8927 will cause a nice bounce in the overdue AUDUSD
AUDUSD 27122013 Updated
AUDUSD Sideways With possible upside corrective bias
US Session 27/12/2013 update Downside trend line triggered
break of 0.8874 will confirm we are headed for possible further lows 0.8835 lows
If the YEN gains strength over the Christmas Period a wave iii Down after a failure to rise above 93.48 and a break below 92.63 will set up a test of the Lows @ 91.05
AUDJPY 27122013 Updated Working out well with a small move up as predicted
Hope you had a Great Christmas!!! and Good Luck and have a Happy New Year
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