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- quecee5 replied Nov 15, 2007
I see 224.90's and then 224.00, after that 222.50.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
This one is going all the way to 224.90's and bounce, it may take a breather @ 225.19 1st. . .
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
This is playing out quite nicely.! Now all we need is for GU to close below 5.0420 and USD/JPY to close near it's low of today then look out below in the Tokyo/Asian session. Still expecting it to hit the earlier lows from today. . . and it looks ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
Not sure what point you are making here??? Plese explain. . . It's currently at 226.39 and dropping. . . It may bounce off 226.20's and go back up for a bit then back down to 225.63 which is close to the low from earlier session. We may even test ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
Very good assessment. . . Price will hit 224.70's then bounce from there. Then we can expect it to go back up from there as I am expecting USD/JPY to revisit 112.00/112.50 area and GU may retrace back up a bit after possibly reaching 2.0400's. Don't ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
I see the session ending @ 225.35/40 or lower . . . If futures end in the red then we could see a rapid sell -off at the start of the Asian session since they haven't had a chance to partake in the down move yet. Also, NY typically retest the London ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
Looks we will be testing the lows again and even lower. . . GBP/JPY just broke support again @ 226.40/50 and is heading south. . . I see 224.60 at the very least, lets watch and see how this plays out. . . We may see 222.50 by 2morrow. NY usually ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
I see 227.50 and 228.50 as being the high if we get that far then perhaps back down to 224 and 222.40/50 being the low for the week. . .
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 15, 2007
Woke up this a.m. and awwwww, I love it when a plan works out just right. I'm still short from 229.73, missed the bottom @ 225.65 but I see further downside to this pair. . . We may see a bounce back up to 227.56 (maybe) but I see next stop @ 224, ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
I think what you are seeing is the bounce off of the lows (228.20 support), not a retrace. . . We looked to be in a down trend right now so I expect to see it at 227.90's area which could be tough to get through initially. But once we do get through ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
I'm hoping for a close below daily pivot myself of 227.88. That would make me feel alot better going into the Asian session. However, we still have a bit more down side to go. . . USD/JPY should see short-term support ar'ds 111.15 GBP/USD should see ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
Watch for the bounce off 228.20 area. . . It may shoot up after that!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
GBP/JPY can't seem to get through 228.65/75 support. . . "Geppy" may have to go up a bit more to gather momemtum to get through it.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
GJ is testing 229.75/85 resistance again for the 3rd time. If it holds then we should see it test the lows again. USD/JPY is also testing 111.80 resistance. It to should hold, however there are some nice size stops just above it @ ar'd ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
thanks for the additional comments. . . Looks like USD/JPY is holding GBP/JPY up at the moment. It's sitting on 4h pivot ar'd 111.45 once broken we can count on it selling off to at least 111.15 support which should take out 228.50/60 support in ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
We should see a retest of 228.70/80 but this time I think we'll see a push through it if GBP/USD and USD/JPY keeps selling off. Should be minor support ar'd 228.20 area. A push through it will see immediate support @ daily pivot of 227.88. If we get ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 14, 2007
Looks like we could be headed toward 225.94/95 (78.6% fib) on a daily if we can break 228.70/80 support and daily pivot @ 227.88. However, after 228.70/80 there is support beneath there @ 226.94/95 that it may bounce off of before reaching 225.94/95.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 12, 2007
Where are you getting 225.14????? Next stop for geppy is 224.28 if we go through that then 223.48. If you look at the daily pivot point GBP/JPY looks to be headed toward 221.93. . . A close below the daily pivot then look out below. GBP/USD is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- quecee5 replied Nov 12, 2007
Here is support/resistance table for GBP/JPY. It updates every 30 min and 1hr for longer term. . . url GBP/JPY has broken 4hr S1 @ 225.56 and looks to be heading to S2 @ 224.28 next. . . If we close below the pivot then we will surely see 224.28 ...
Auslanco - GBP/JPY and GBP/USD (newstrade)