61.8 has shown resistance, strong momentum though so should break it. But I could be wrong.

Daily GBP/JPY analysis

Updated chart with the fibs redrawn.

Daily GBP/JPY analysis

Good morning Islander, Very nice entry, were do you see this going. Our position is also a retest of the 1h trend line so could turn into a significant move. I have a weekly trend line around which price has faltered and the weekly pivot, next H4/R1 ...

Daily GBP/JPY analysis

Stopped out of my trade last night at 230.50 +90, long this morning from 231.94 a break of the 5m trend line.

Daily GBP/JPY analysis

I keep posting just to try and keep it alive lol, come on people lets have some analysis. At least you don't have to read 2000 pages to catch up here .

Daily GBP/JPY analysis

Another cool looking chart Zoran image

Auslanco - GBP/JPY and GBP/USD (newstrade)

Just taken a long here from the top of the opening range 232.01 Good low risk trade in my book with a tight stop. Edit: stopped +1 Short 231.40

Daily GBP/JPY analysis

Price never made it anywhere near 235.50 which was a shame, but that was just hope on my part. But a good trade all the same, eventually had my trailing stop taken out. Didn't have time to post yesterday and although it is after the fact there was a ...

Daily GBP/JPY analysis

Chart

Daily GBP/JPY analysis

I am staying long here this move has strong momentum and could just possibly break out above the 235.50 level or at least reach it. Whatever happens it has been a good day.

Daily GBP/JPY analysis

Some great fairly predictable moves today with great initial set ups to long from the Frankfurt/London open. My first TP was at the 50%, bought more at the 38% next TP 233.90 hopefully. See Zorans chart above for perfect low risk buys!! EDIT: well ...

Daily GBP/JPY analysis

image Text book Zoran, your chart and set up are a thing of beauty.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good Morning, Stopped out of my long yesterday just after the open for +50, still in my short, Must admit I expected it to be the other way around. Have just added to my short at 229.84 on a rejection of the underside of the 4h declining trend line ...

Daily GBP/JPY analysis

I am both short and long at the moment, not a hedge just two different systems. The short from 232.75 is close to giving me a long signal, the long I took from the good old 4hr trend line 230.41. The long entry I hope is the reject of the trend line ...

Daily GBP/JPY analysis

LOL Islander...I must say I was suprised you weren't part of the initial move (your slacking) Plenty of opportunity to join the move though, hopefully Zoran's targets of 235 and 238 will be realised. So far today's move is a great match for your ...

Daily GBP/JPY analysis

Movement at last.... Just need to break the upper trend line on the hourly chart 233 area and hopfully have a more sustained move up. Above R1 now looks good. Text book entries this morning at the london open. Will be nice to break this September ...

Daily GBP/JPY analysis

Charts... — A picture paints a thousand words! Edit: Does this look long to anyone else?

Daily GBP/JPY analysis

Good Morning, Can this lower trend line provide sufficient support, just need to break the monthly pivot!

Daily GBP/JPY analysis

Tasty I hope ....The Dictionary Like your analysis though. Bedtime for me goodnight.

Daily GBP/JPY analysis