If price gets below 129, then I would really be aware of BOJ intervention. They have indicated that they are watching things closely. Last time they intervened was back in 2003. I'm sticking to GU if GJ trades below 129 because the risk of ...

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

GJ has done it many times in the past few months. It makes a new low and then bounce. But the bounce will just be limited to the 15M 50ema. I wouldn't be surprised to see a bounce here. But as to long term uptrend, I don't see it happening until the ...

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

Do you guys think GU is in a retracement from its uptrend from 1.43xx or it's a reversal? GU hit the 4H 50ema and also very close to the 50% fib from its move up last week. If it's done retracing, it should resume its move upward. I can't really see ...

Cable Update (GBPUSD)

This move up is all caused by GU. UJ is still standing at a trendline. I think once UJ decides to go for new highs again, GJ could go up as high as 148. Next major resistances are 143.50 and 148.

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

Half point cut. That was the easiest long ever. News as expected and GJ actually follows the news. I think now the uptrend will resume. Once daily 50ema is broken, there's a lot of upside.

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

The current 4H is shaping up to be a very nice pinbar. Last time we got a pb at around 1.56, we all saw what happened afterward. My 4H candle closed in one hour. If it closes below 1.52, I would say high probability of a nice retracement tonight.

Cable Update (GBPUSD)

Well if the 1H 50ema gets broken, then I'd be worried about my long. Watching it closely. If the uptrend is to continue, it should bounce here or maybe one more move down to the high 137 area then bounce.

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

I'm long from the daily pivot (138.80). I hope that's the end of the retracement. 143.30 is next resistance.

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

Good luck next week. I will be looking to buy dips as we are getting very close to the low.

Cable Update (GBPUSD)

If you short here, what exactly are your targets? I'm very surprised to see a lot of selling on the pounds during this time.

Cable Update (GBPUSD)

GU has been battling the daily gann for the last two days. I think that if GU closed below 1.48 today, then we might actually see 129 on GJ this week which isn't that far away.

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

Nice call. Do you still think GU will go to 1.4 this week or next week?

Cable Update (GBPUSD)

A CD would return about 5% a year. You plan to make in one day what most people would be happy with in one year. You do need a mentor, and some money management.

Need a Mentor

I'll pm you her sizes.

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

If today's candle closed below 135, I think there's a really good chance we'll see new lows. Let's see if 135 level now a resistance will hold.

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

Another hourly rejection. GU has also hit a 4H trendline. If it bounces then we may see GJ up to 137 again.

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

Euro 150 pips 15M candle. UJ down GU up GJ confused.

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

If GU closed this hourly candle below 1.5320, then the double top might be playing out perfectly. MASSIVE DROP!!!

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

An hourly close below 137 and GJ might tank hard. Below 137 would mean a close below 4H gann and 1H 50ema. 137 might be brick wall support for now. I will buy off of it until it's broken, then I'll join bear party.

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