Auslanco - GBP/JPY and GBP/USD (newstrade)
Shorting any yen crosses when UJ is flying isn't a very good idea. If you see pound weakness, then it's better to short Gbp/Usd. If this hourly candle closes below 144 for Gbp/Jpy, then short might make sense but I still wouldn't risk it. Gbp/Jpy is still on an uptrend from 131.99 so shorts are anti-trend.
adjusted my stop to protect profits. today is friday, full of surprises, otherwise, lets seat back and relax and enjoy watching movie. have a nice day. see you on monday.
here is why i like 140.50 also and after that 143/143.50 ..but its only imagination so far and if this played out ,,then i will def target 133/132 ..lower than 136 ..
we must first get over this situation and drop below 143
agree 143 has been very stubborn
im watching cliffhanger
Hey John! How it's going buddy? What about your new Tre* bike?
Great charts, pretty clean and clear, I'm targeting 147 [145 first], but your targets looks reachable, keep a flexible mind [I know you do it], I just only know one thing: $ is tanking again, so, £ is strong and ¥ weak, that's a good geppy cocktail, most of the traders here who follow Gann HiLo, check from 4h until weekly, like somebody posted a few days ago, Geppy just tested 5 Sma on weekly charts and bounced from there, so, next parade 50 Ema on Weekly charts above 147, but...
hi rashid
so r they hunting weak shorts?
cheers
Bro...take a look at Monthly chart on 1st July 1995....similiar pattern
