GBP/JPY :
Sterling pairs suffered a tad more all over the board ... but I will not touch it atm ... and there is only a small part active from above 168.45 zone ...
In case of corrective upside swings we would prefer to sell it again ... especially while it remains curtailed below 168.90 - 95 zone ...
There is still some gravitation ... and further attempts to cut lower cannot be ruled out from here ... critical keys to keep in mind are 167.82 and 167.55 ...
Neutralized in near-term perspective as long as above 168.00 - 167.90 zone ... but sustained cross of below that zone would re-open the downside with ease ...
Only a breakout and move towards above 169.40 - 169.70 can dampen the downside risk ...
;-|
Sterling pairs suffered a tad more all over the board ... but I will not touch it atm ... and there is only a small part active from above 168.45 zone ...
In case of corrective upside swings we would prefer to sell it again ... especially while it remains curtailed below 168.90 - 95 zone ...
There is still some gravitation ... and further attempts to cut lower cannot be ruled out from here ... critical keys to keep in mind are 167.82 and 167.55 ...
Neutralized in near-term perspective as long as above 168.00 - 167.90 zone ... but sustained cross of below that zone would re-open the downside with ease ...
Only a breakout and move towards above 169.40 - 169.70 can dampen the downside risk ...
;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts