apparently UJ shot up after a rumour that BOJ was 'checking rates' i.e. preparing to intervene so all the pros quickly go long hoping to catch a few hundred easy pips. then a big japanese bank denied the rumour but it was already too late by then.
ireland looks set to approve the eu treaty which MIGHT push eurgbp up and weaken the pound a bit.
so it is possible sunday/monday sends gj back down despite the daily pin bar.
mondays seem to be very quiet the last few months with lack of news making it worse but at least monday we have pound news in the morning and ISM later. i guess its either going ot head for 145 or 140
ireland looks set to approve the eu treaty which MIGHT push eurgbp up and weaken the pound a bit.
so it is possible sunday/monday sends gj back down despite the daily pin bar.
mondays seem to be very quiet the last few months with lack of news making it worse but at least monday we have pound news in the morning and ISM later. i guess its either going ot head for 145 or 140