GBP/JPY high or low?

thought it would be fun to see how many traders here think g/j will go up or down...

just for fun...

We'll see if it breaks through support over the next few days.... Its trying very hard at the moment!

I have a straddle in place!

TrevA

next week we may see the bottom drop out. here's why.

NEW YORK (CNNMoney.com) -- Sometimes when it rains, it pours on Wall Street. And next week, forecasters are calling for a flood.
Beginning next Monday, Wall Street will most likely find itself drowning in a torrent of dreary earnings news from some of the nation's biggest banks, marking yet another grim milestone for the troubled financial sector.
"It's not going to be a pretty sight," said Frank Barkocy, director of research at the investment advisory firm Mendon Capital Advisors in New York, which owns shares of a number of large banks including Bank of America and Washington Mutual.
Of the five banks and brokers scheduled to report results next week, three are expected to post a fourth-quarter loss - Merrill Lynch (MER, Fortune 500), Citigroup (C, Fortune 500) and Washington Mutual (WM, Fortune 500). JPMorgan Chase (JPM, Fortune 500) and Wells Fargo (WFC, Fortune 500) are expected to report a decline in quarterly earnings.

as always with this pair its 50/50 2 yes 2 no ....

Daily and Weekly chart says ... Going South for the Winter!