Geppy's Geppy Thread (GBP/JPY)

In other language, 166.6 is the 61.8 retracement of this move up from 165.9.

yes, thats real. the time will tell us.
tf daily shown us that below 160.

139.16 broken so next 138.8 and 138.3
ooopps... this EJ

Who thinks that 160 is real? I want to see 160, but i don't sure...

you may not agree but i am still long GBP/JPY target is 170 in 2 weeks

166.6 should break, although it may pause for a while

does that mean down?

Uptrend is over.
Monthly
https://www.tradingview.com/x/arBowg6F/

Weekly
https://www.tradingview.com/x/QKZiMYsG/

Daily
https://www.tradingview.com/x/VvuTiCDx/

Not in a straight line, but yes. The 61.8 retracement at 166.6 ish is the cross over line between this being a retracement in a bullish trend, or the start of a down trend. That's why it's important. If it holds, it was just a retracement. And while GJ often goes to the 76 retracement, I'm not sure of the value of the support there. Normally, the 61.8 is the go /no go line

4hour
https://www.tradingview.com/x/0U09ae6N/

And it stopped almost to the pip of the 38.2 retracement 251/117. Now, 4 years ago, it should have got there but was stopped short at 163. Essentially, its spent the last two years finishing the job.

Good dang techs......great reading here...
That policy change .....do not discount the importance of that....major hint from the central bank over there in the little square mile of financial district......that rules the world.!

What policy change u talking about?

Are you guys sure 181 is not possible by the New Year? There is a nice Trendline that price touched or hoovered around a few times, it looks important to me...

hey, [email protected] made a statement back when the GBP/JPY was at 118 and coming up out of the hole

But at 168 do the engines shut down at t-7 seconds yet launch on a new day, or does the whole thing fall over, explode and drop back into the hole? Or does it get off, and if so 170 184 etc really are but minor mission malfunctions en route to orbit at 198/200. And at 200 does it finally, after some time, elect to depart orbit for 256?

168 is that important.

For me 166.5-6 was that important and we passed it. Any you know my view about Fokushima. There are 3 melted cores that no body knows where they are and how to deal with them. You can't just bury them as they are very close to the ocean and can cause (might already) severe contamination worldwide. What they do know is that ice wall isn't working as it suppose to and contaminated ground water is leaking into the ocean (about 300 tons of it every single day)... Months ago a report was circulating that 60% of Focushima children have diabetes (possibly from radioactive zirconium). If I remember correctly about 70% of children in Tokyo has Cesium in their pee. It is not suppose to be there if Fukushima was a one time contained. This shows that contamination is ongoing... Doctors have orders not to tell patients that their illness can be attributed to radiation sickness. Few weeks ago there were 5000+ twits of people reporting sudden unstoppable severe nose bleeds, it is not suppose to happen if Focushima is contained... Building 4 is tilled with possible cracks, under it is a storage pool. Rods there contain Plutonium, the most deadly substance man made. One millionth of a gram if inhaled can cause a lung cancer. So they try to remove rods and relocate them to a safer place, but if anything goes wrong (a lot of rods are damaged due to explosion blasts and wall collapse so rods can brake during removal process) the criticality is possible and Japan with most of the Northern hemisphere can kiss goodby.

Facts are getting out of Japan slowly but persistently. International media is getting more interest in this. It is my belief that partially because of this investors are moving out of safe have called yen. Forget about 256, we could climb over 356.

japan earthquake risk
http://www.quakeprediction.com/Tokyo.jpg