The 200ma appears to be holding...

Daily GBP/JPY analysis

Guys there seems to be a problem with GMT...its 8.34....now.

Daily GBP/JPY analysis

Hope theres no Swiss brokers reading this....because if there is that's your Swiss bank account gone...lol

Daily GBP/JPY analysis

What's auslanco not telling you is he's the sales man for ducascopy.!!!!! Glenn

Daily GBP/JPY analysis

Two and a half hours untill my next 4hr candle... If she breaks down......TP around 244.14.? Glenn

Daily GBP/JPY analysis

I agree its a wait and see market...if the pair hit the 200ma again and bounce that will be the 5th time, everytime it bounce's off the 200ma it reduces its chance of breaking it and increase' the resistance at that level. Glenn

Daily GBP/JPY analysis

This is my 4hr...the down trend is still intact ....as you can see the retractment has turned. The only trouble i have with forcasting a fall at this moment is the presents of the (purple line) 200ma...... as I said earlier the pair need to break ...

Daily GBP/JPY analysis

Well said monarch could not agree with you more, we all have something to give..... Glenn

Daily GBP/JPY analysis

Hey Aussie. Good Morning....I see your looking at 246.50!!!!! I would perfer to see it break and hold below...246.25.....yesterdays lows... Just my thoughts... Glenn

Daily GBP/JPY analysis

Goodnight auslanco My wife as just asked if iam going to bed tonight....why sunrise in 3 hours...lol

Daily GBP/JPY analysis

I would look below 246.20.

Daily GBP/JPY analysis

Angler Thats the Idea, however you get us Forex junkie's and we dont have a life..LOL

Daily GBP/JPY analysis

15min....both G/J and U/J are turning down slightly..

Daily GBP/JPY analysis

musicman007 True..I had you as a Manchester man....not a Aussie.....LOL

Daily GBP/JPY analysis

Open a window auslanco and let the Freemantle Doctor in, that will keep you awake...

Daily GBP/JPY analysis

auslanco Ok..back got 1 hours sleep...its now 01.03... So we await the news......if its bad are we expecting the GBP to rise....therefore if the Cable goes up will it take the GBP/YP with it... Glenn

Daily GBP/JPY analysis

Yes the second half of the NY session has sold off for the last few days... Glenn

Daily GBP/JPY analysis

auslanco Thanks for that, not really surprised, when you have all the stockmarkets are the world on all time high's and all cross pairs USD at 20 and 25 year highs...Something's got to give. Glenn

Daily GBP/JPY analysis

I see the Eur and Cable are starting to climb back up on the newly opened 4 hr candle so it looks like the norm will resume... Glenn

Daily GBP/JPY analysis

auslanco I agree, I get the same question's...I then explain that my system is cobbled from many that I have tried over many years. And it suites my trading style and my not suite everyone.. But..discipline and M-M....are by far the corner stones of ...

Daily GBP/JPY analysis