Plenty of charts already posted, so no need for more.
€ and €J had a classic "sell the rumour, buy the news" move and cable also fell to test yesterday's low taking GJ down with it
UJ re-tested the support area on the chart that I posted earlier with a small spike below the important 101.68 level before turning back up that has so far pushed GJ up 50 pips and EJ up 40 pips - I have been in both moves....
Now to see IF the US traders agree and we get another leg up in UJ with € and cable also holding their lows, which will translate into good EJ / GJ moves.....TWT
€ and €J had a classic "sell the rumour, buy the news" move and cable also fell to test yesterday's low taking GJ down with it
UJ re-tested the support area on the chart that I posted earlier with a small spike below the important 101.68 level before turning back up that has so far pushed GJ up 50 pips and EJ up 40 pips - I have been in both moves....
Now to see IF the US traders agree and we get another leg up in UJ with € and cable also holding their lows, which will translate into good EJ / GJ moves.....TWT
Trading Levels with WRBs