4 hour chart shows a bull flag with a possible pin bar forming. Sideways price movement.

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

In a choppy market with large swings in both directions take your profits quickly and be happy. Next week we will have lots of opportunities.

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

Here is a zoomed in pictiure.

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

here is the range that is established on this hourly chart. If you must trade this week, buy where the market is buying and sell where the market is selling. We see the red 200 sma at the bottom, and the confluence of the aqua colored 100 and pink ...

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

Well, we are at the same price level that we have been for the past week. I have been standing aside all week watching you guys win some and lose some. Swing trading a choppy market is suicide. Flip a coin.

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

Look what happened to aud/usd after they cut rates by .50. The market is perceiving rate cuts as bullish this time around. It has something to do with easing monetary pressures. I posted charts to verify. Look at the bull flags on cable, and ...

Cable Update (GBPUSD)

The currencies that have cut rates, thereby easing borrowing have been rewarded lately. Look what happened to the aud/usd. A rate cut for euro and gbp may be bullish. Volumes are low.

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

The monthly chart shows the one candle momentum indicator pointing up, telling us that the pair will test the 5 sma channel by Thanksgiving. Risk Aversion would cancel this view.

Cable Update (GBPUSD)

The 4 hour chart for Cable is showing a crossover up of the 5 sma open/close. The green 22 sma is above the brown 55 sma. Price has broken out upwards of the 5 sma cannel, and is retracing, retesting the breakout level. Candlesticks show a ...

Cable Update (GBPUSD)

What does Uranus tell us?

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

The monthly chart for usd/jpy is showing the one candle mom pointing up and it has broken the 100 level. We have agreement on the Geppy, Cable and usd/jpy. My charts show things way before they happen, so I am giving you a heads up.

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

Monthly mom is pointing up

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

I see the technicals pointing upwards for gbp/usd. Look at this 4 hour chart. We see the moms in agreement slightly bullish. We see the 5 sma close has crossed above the 5 sma open. The green 22 sma is above the brown 55 sma. Candlestick patterns ...

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

We are at the same price area as we were around this time yeaterday. The hourly chart shows price bouncing down off the aqua colored 100 sma, around 159.16 or so. A retest of the 5 sma is finding buying interest.

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

You can see the range being established on the 4 hour chart. 5 sma close has crossed over the the 5 sma open on this 4 hour chart. The 5 sma channel is turning up after finding support at the brown 55 sma. The green 22 sma is providing resistance. ...

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

I am seeing the longer term picture, as opposed to most of the traders here. The monthly chart tells us that sometime during the month of november the 5 sma channel will be tested. Price will range in a channel until breakout occurs.

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

Weekly chart shows buying interest at the weekly 5 sma low. Price bounced up off that support. The bearish one candle mom has been satisfied. The monthly one candle mom tells us to target the monthly 5 sma channel. Lots of wood to chop, but I see a ...

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

daily chart shows price is testing the 5 sma low. A break below is needed to confirm shorts.

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

we see a triangle on the 4 hour chart with lower highs and higher lows so far. A break of 156.75 would be bearish short term. I expect range trade this week as the weekly and monthly charts are not in agreement.

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

additional support is the 4 hour 55 sma (brown color around 156.50 area.

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