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GBP/AUD, GBP/CAD, GBP/CHF and GBP/NZD thread 123 replies

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Attachments: GBP/JPY
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GBP/JPY

GBP/JPY fail to reach 173.830 because of the cloud in the one hour timeframe.

GBP/JPY is now going back to the next daily support 172.390.
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Quoting MaximeCau
GBP/JPY fail to reach 173.830 because of the cloud in the one hour timeframe. GBP/JPY is now going back to the next daily support 172.390. {image} {image}
haven't see 172.39 yet````
either doesn't hit or won't stop if hit```
Quoting imnicetoyou
{quote} haven't see 172.39 yet```` either doesn't hit or won't stop if hit```
'Cause none candle has closed under 172.795... Prices always came back into the box... We have to wait for a real break...
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Quoting MaximeCau
{quote} 'Cause none candle has closed under 172.795... Prices always came back into the box... We have to wait for a real break... {image}
Most the Japanese FX traders love to use Cloud to trade GJ pair. I absolutely love this indicator, and I too glad someone like you are dedicated on this pair.

Keep it up, MaximeCau and everyone else =)
Learn the rules like a pro, so you can break it like an artist.
Chaffee Return This Year: 1,037.6%
Quoting MaximeCau
GBP/JPY fail to reach 173.830 because of the cloud in the one hour timeframe. GBP/JPY is now going back to the next daily support 172.390. {image} {image}
172.39 is valid if it hit near then rebound.
But, how do we know the support at 172.39 is valid, if it didn't hit it, but if it hit it, but didn't bounce back.
I've revised my analysis.

Here is maybe a better idea.

What do you think ?
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One final pull to up around 173.x and down she goes,169.5 perhaps.tads my prediction.maybe by next week.
good luck & happy pipping
We are close to a big break out now. This indicator is very relevant.

Look at the one hour chart... The purple bar is extremely rare.
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Quoting MaximeCau
I've revised my analysis. Here is maybe a better idea. What do you think ? {image}
Markets can remain irrational longer than you and I can remain solven
GBPJPY continue fading away from it's all time top 175.00 for 3 weeks now. It is current approach its uptrend line support.
Weak data from last week plus BOE denied rate hike would be the main reason weakening the GBP
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This week is very light on the GBP news risk; therefore we would see some technical plays. This is a very good opportunity trading technically, and it's something i would be pay close attention to.

Check out more analysis one EURUSD, USDJPY and AUDUSD here,
http://www.forexfactory.com/showthre...21#post7633921
Learn the rules like a pro, so you can break it like an artist.
Chaffee Return This Year: 1,037.6%
Quoting FXSayWhat
GBPJPY continue fading away from it's all time top 175.00 for 3 weeks now. It is current approach its uptrend line support. Weak data from last week plus BOE denied rate hike would be the main reason weakening the GBP {image} This week is very light on the GBP news risk; therefore we would see some technical plays. This is a very good opportunity trading technically, and it's something i would be pay close attention to. Check out more analysis one EURUSD, USDJPY and AUDUSD here, http://www.forexfactory.com/showthre...21#post7633921...
I think GBPCAD will be a better approach. I actually see the yen weakening so I am uncertain it is the best pair despite BOE
"The Market is Not Evil, it Simply Separates Dumb People From Their Money."
can't wait for the start of the month: Manufactur, Construction, Service
I still see the chance of Gbp flying to the moon, especially against the yen
For me looks like a start for a long move.


Long with small SL
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GBP/JPY will fall to at least 160, just matter of time````````````````````````````
1-2 months`
For those of you who like to scalp this pair. I will take a scalp sell right now.... The stop loss is a close across of the 50 fib on the same 15m chart.
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Banks scalp, why don't you?
Here is the very same trade with a trail stop.
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Banks scalp, why don't you?
Quoting CholiPop
For those of you who like to scalp this pair. I will take a scalp sell right now.... The stop loss is a close across of the 50 fib on the same 15m chart. {image}
nah,,, this pair not for scalp, go scalp on EUR/USD, this pair spread too high to scalp.
Quoting imnicetoyou
{quote} nah,,, this pair not for scalp, go scalp on EUR/USD, this pair spread too high to scalp.
My spread is about 1 pip. That isn't high at all to scalp. You could have a .2 spread on EU but EU barely moves.
Banks scalp, why don't you?
1 pip? what country / broker are you hooked up with? ^

shorting this one happily. the pound has been on a wild ride to the top for over a year now... beating it up. but all good things must come to an end. and a trip down to mid 160 is certain. the DOW is soon to crash and we will see dollar and yen strength once again. worldy events will cause riskier currencies to get pushed to the wayside as well and safe haven [yen] to get the push it needs to even out this slingshot ride up. 175 is a tough nut to crack. geppy has failed 2 times so far this year and given the economic climate it doesnt has what it takes to break on through to the other side. this grinding sideways is a great indicator of consolidation before a new trend... and its not lookin up.
Quoting InnerSong
1 pip? what country / broker are you hooked up with? ^ shorting this one happily. the pound has been on a wild ride to the top for over a year now... beating it up. but all good things must come to an end. and a trip down to mid 160 is certain. the DOW is soon to crash and we will see dollar and yen strength once again. worldy events will cause riskier currencies to get pushed to the wayside as well and safe haven [yen] to get the push it needs to even out this slingshot ride up. 175 is a tough nut to crack. geppy has failed 2 times so far this...

Several brokers offer 1 pip spread on the aforementioned pair. You simply have to look around. As for your assumption on the price going down, it appears your more bias towards the pair then having a trading frame of mind. That on the other hand is rather common from retail traders. Simply ask those who have been buying EUR/USD the last 3 months.
Banks scalp, why don't you?
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