DislikedSeems housewives must be robed of their carry trade investments in JPY crosses pretty soon.Ignored
*rubs hands*
Currently I am wondering how much GBPCHF might just go along with GBPJPY.
Because of CHFJPY's strong move lower the CHF carry has been far less affected and held up much better, but I am hoping there won't be too much of a decoupling when the main thrust occurs(GC is a bit "cheaper" to hold longer term).
The only trouble with these unwinds is that it's fiendishly difficult finding sensible entries if the original entry is missed.
As you described for EURUSD, so it is there as well: there's too much slip and slide and often too little visible areas to "lean against" to generate a sensible new stop.
Trust price. Know yourself.