Auslanco - GBP/JPY and GBP/USD (newstrade)

morning doc...what's your take on geppy?

Morning bro

welcome back Dr. G, we have been waiting for you..

gj short 146.10 out at 145.80

will take a look over the charts and then tell you my thoughts

A close below 4h gann, my target is 141.50

The Bears might come back, so stay tuned....

closed below 4h gann Karmo? my laptop is messed up right now.

hard to break this area to go down ema50 h1 + TD + gan H4

Good morning

i agree with karmo.

very important areas on cable 1.55, gj 148 for a daily close above it. until that happens, i don't see a chance for higher prices.
yesterdays upbar showed weakness on both pairs, only uj showing slightly strength. we need to see on todays daily bars if that weakness is just temporarily or if it might possible open the door back down to test the lows again.

i don't see a clear direction yet on gj. we are on the bottom of the uptrendchannel (white) and still pretty near to the upper trendline of the longer term downtrendchannel (yellow). 145.44 seems to be a good support now and until a break of that i might be looking for (perhaps short lived) longs, since it also aligns with the uptrendchannel bottom line.

currently i won't reenter, since we are pretty whipsawing around. think news will break gj loose into on direction. possibly a retest of the asian highs again.

see the jpy and cable 10m channels also here

morning all....

still no breakout as of now. my DP is at 146.72, a close above that and i think we're ready to take out some highs.... price is bouncing from a confluence of 1h 50ema, 4h 50ema, and 4h gann, if we close below that, then i'll join you guys for a short.

otherwise, i'm waiting for a valid m30 signal to add more longs.

i got longs from the lows, closed all shorts before i went to sleep. i'm glad we didn't see any action when i was asleep.

it seems that the asian session lately is dull when the medium term trend is a bit bullish, but it goes on fire when the trend is clearly bearish...

Maybe it is the speach of Mr. Trichet who is holding everybody to move either direction.
Hope he will say that they may lower prices of new BMW X6....

I see short people =

in South Africa a small suburb in Africa (according to the loosing running mate)
every government official and his 42 bodyguards drives one as do all the newly empowered people. no need for the price to come down because they are having it.

scalping for short-long my eyes are over strained & though they are more profitable than a good trade . I think the market is maturing for fresh bull in near soon & so take some longs & have rest.
The long target has not reached yet before the bigfall starts .

fontu

price is still trading below DP until it breach that area price is bound for 144 area which is daily s1 where it could bounce. . .

I see short people

146.50 - 145.40 are the areas to tackle for either side

if 145.50 short if 146.30 long for me. at this point I am fovoring longs.

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