It's also the 38.2 fibo from the uptrend since yesterday

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

GU and UJ move along with GJ If Down Jones is up, UJ is up and that drags GJ up as well

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

I'll update after the 1h candle closes

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

yep GJ wants to go up but GU is pulling it down at the moment

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

Hahahahahha, I don't know why your post cracked me up merlin

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

can you please chill dude, people can do whatever they want, it's their choice, their money.. if they want to risk it, let them risk it my friend let's get back on topic and NOT off-topic Thank you

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

That's correct, like 'hoss' said if its above 50 = expansion , but compared to the previous month it's lower

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

forgot to mention, b4 244, we have 243.15 area to break

Daily GBP/JPY analysis

It's a typo he's long on both GU and GJ

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

target is 243.20 first then 244.00

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

On my 4h chart, next target is 244 , 23.6 fibo level and daily trendline

Daily GBP/JPY analysis

GJ longs don't worry, have your seatbelts on, rocket will be launched next hour

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

I'm waiting for 1h candle to close, if it closes above 241.80 (23.6 fibo level (238.3-242.9)) i'll enter another position long

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

4h still showing strong uptrend towards 244 where the 23.6 fibo level lies and the trendline image

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

That's correct

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

If it's bad, GU will go up and might pull GJ up with it

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

If the news is good for USD UJ will go up GU will go down GJ will go crazy

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

5 Simple Close

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

you should learn how to control your emotions, psychology is a big part of the game my friend

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

You guys are on steriods, just chill and watch the price action some of you would make great commentators too, let's keep that to a minimum too please

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