I hope this goes to 142 this time. I've been waiting all week for this final "dip" to trigger my first buy at 142 and another at 140 but GJ has been a you know what. Buy entry at 142 and 140, SL 138, TP 146 and 165. Another huge move is coming once ...

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

If 144.80, then we could have a range from 144.80 to 147.20. 144.80 is such a critical area on daily chart. It's looking like another daily candle will close above this support. This makes it more likely GJ will head back to 147.20. We might see a ...

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

Obama's state of the union address is in a few hours. Last time he mentioned something about new regulations regarding banks and GJ dropped 300 pips. It could get very volatile again soon.

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

Must be something from the BOJ press conference.

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

Wow...I remember back in the days when interest rates were still high and a leak by a board member regarding interest rates and GJ would go crazy.

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

We could see 139 by the weekend if the retail sales number are bad. This is GJ!!! It could move that much if it wanted to.

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

If you're looking for the catalyst for this move, Obama said he would propose some changes on "bank size and risk". Wall Street never like new regulations especially on banks. 100 points+ drop on dow. UJ followed suit. url

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

I think we'll see 150.10 soon within the next 24-48 hours. GJ will move up eventually. She's just being stubborn like always. Key level I'm looking at is 148, which is holding nicely. 4H has closed above gann.

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

I'm giving it one more hour to make a lower low. If it doesn't, I'll take a long back to 148.50 first target.

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

Bad NFP simply provided the dip to bring in more buyers for GJ. It's amazing how price stopped right at the pip on the trendline. As long as this blue trendline holds, my target of 151.50 still stands.

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

Looks like TL is holding. Could be heading back up to 151.60 area from here.

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

Buy Limit @ 149.50

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

Are you short GU right now or have you been on the sideline watching this down move all this time? I know you've been waiting for the retrace to 1.63 or 1.64 but it hasn't materialized. If GU decides to go straight to 1.57, will you still be just ...

Cable Update (GBPUSD)

UJ is getting ever so close this daily UTL. Maybe one more burst up to 92.30 and then back down. GU broke 1.5950 support so it could be heading down as low as 1.57. I'm favoring GJ bear right now. But I'll wait for some signs of weakness in UJ or GJ ...

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

That last hourly candle closed above 144.66 which is the DP so it's a temporary bullish sign. Weekly pivot at 145.19 if broken GJ could go up quite a bit.

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

UJ and GJ both bounced off of a major trendline. I'm surprised this dubai news coincided so perfectly with price hitting these trendlines.

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

Some people like to gamble. I swear if the NFP was worse than expected and GJ dropped to 145.60, you would see a lot of posts such as "I shorted at 147".

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

Let's face it guys. If the daily candle closes above 148.50, it will be bullish. Daily chart has been very bearish but it will turn bullish if we get a close above the daily UTL. Weekly chart has been bearish but if we a close above 150 (weekly ...

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

Price is actually testing the daily UTL. This is a very strong resistance as we've seen when price couldn't break it at 150 and it went all the way to 139. If it breaks 148.50 here, then we won't be seeing 139 any time soon. Critical area. I'm ...

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

Time for a quick short. Many of you have pointed out there's a lot of resistance here at 146.20 on the daily chart. I see there's a high probability of a retrace to DP. Short at 146.10. Target 145. SL 146.80.

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