I'm watching the GBP/JPY 'triangle' formation on the 4H chart...will play a break out and retest style trade if an opportunity presents itself.
Not overly relevant to this thread (as fundamental related) but thought I'd share this as although I trade based no technical decisions I still like to know what is happening fundamentally and what is affecting the risk sentiment now and possibly in the future...The EU has major problems in my opinion and what with concerns still over Dubai, I certainly have a strong bearish fundamental view on the EUR...
http://www.telegraph.co.uk/finance/c....html#comments
Not overly relevant to this thread (as fundamental related) but thought I'd share this as although I trade based no technical decisions I still like to know what is happening fundamentally and what is affecting the risk sentiment now and possibly in the future...The EU has major problems in my opinion and what with concerns still over Dubai, I certainly have a strong bearish fundamental view on the EUR...
http://www.telegraph.co.uk/finance/c....html#comments