If so may be you are right. but by how much it will go, it is doubtful
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DislikedWhy is it because of the US Trade balance?
If so may be you are right. but by how much it will go, it is doubtfulIgnored
DislikedNo, I said BEFORE NY opens....
A large percentage of the time there is a retracement(usually 50% of the spike) after a spike in gbp.jpy. It's quite surprising there hasn't been one yet. We'll see if one still happens or not before NY opens. This pair has the POTENTIAL to tackle 234.40 at an extreme level during NY depending on the data.
I've got a long at 235.50 that I'll close within the hour. I prefer to be flat before the news and go from there.
What is your expert analysis?Ignored