DislikedExcellent stuff as always Quecee, I'm with you on this short position, although I am getting out before 2 o' clock today as that is when my broker closes for the holidays. I've noticed that the Usd/Jpy is facing resistance now too and I would almost be willing to guarantee a retracement on that pair is needed, which will only fuel the Gbp/Jpy for a drop; no matter how big or small.Ignored
Aus made mention that GJ could even test Friday's lows again. . . I can see 224/223.90's but I didn't see 223.68/50's. a break of 224.76 I see next target @ 223.35/40 which would be very bearish for the pair IMO. What's your take on that?