Price has not moved in the last 3 hrs really.. so I'd say no buying or selling.. seems the market is "resting" at the moment.

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

I hope so, its not very often that the GJ ranges so tight, usually 20 pips is a blink. I wouldn't count on BOJ intervention as they have said they won't and don't think they would till UJ is in the low 80s. I'm waiting for the break to the downside.. ...

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

Very tight range for the last few hours 20pip, shes going to break... which way is the question???? asia may show us the way..

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

i would go with pounds.. When the EU disappears at least you will have something left

living in europe, should i have account in USD or EUR ?

Quite correct I think, the overall outlook is still very bearish, but expecting the "KABOOM" on a friday afternoon, is somewhat wishfull thinking IMO. Yes it can happen, yes it has happened, but I'm more inclined to think that we'll range tight till ...

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

Its not unlikely that this could float "UP" on low volume.. Just an observation about fridays..

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

A strong yen is going to kill Japan.. they are talking about a potential deficit 200% of thier GDP.. no economy can thrive under that senario. the YEN has got to weaken in my opinion

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

I doubt it, though a year ago a 7-800 pip drop was not uncommon, so you never know. USD is weakening, the pound should be weakening.. and last but not least the Yen should be weakening too.... Which one will weaken the most?????

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

Orion is going to tell us jokes the rest of the session

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

none.. 1 is shot, the rest fly away.. haha

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

Ah spoke tooo soon..

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

I think the action might be done for today, till Asia opens. I expect GJ to float upwards 150.5 - 151 is not unreasonable. I'm long from 149.90, SL to BE already.. I can live with GJ ranging as she has been. Its been pretty easy pipin last week or ...

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

I already took a small long, abit too early, but am pretty confident it will be fine. If not I lose 2%..

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

Well I don't disagree with you, I would like nothing more than to see this drop further.. I just not getting too excited over "normal" pa behavior for GJ.

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

Whats all the exciment over?? still haven't made a lower low....(yet).. and only a 200 pip drop.. Anyway.. long scalp off 149.70..

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

oh its been a while since I've seen a 35 pip range on the GJ for like 10 hrs.. zzzzzzzzz Cant seem to break 150.85 to the upside.. i think i'll take my 79 pips and call it a day

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

Looking at the 15. bias is clearly down.. sell the rallies atm.. hmm doji on the candle just closed (15), good possible entry for small retrace.. i'll take it 50pips is the goal Just dont feel comfortable shorting at this level..

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

hmm, i think there will be a small retracement now.. 151.5

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

I too took a long at 150.66 area just based on that.. SL 150.00

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

ah its friday.. probably float back upto 151.5 - 152.... Dont think going to hell just yet today.. of course i could be wrong

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