
Before you ask GBPUSD here is the chart; The support is key - 3 levels and its just matter of time for this pair to hit the support and drive back UP

14:05GMT GBPUSD is holding but not JPYs & EURs. I think the lows for JPYs below current levels are seen 1999-2001. Some might say 10 years cycle but I'll say Month-end cycle. Start of the month was low then mid month climb and now down again. Fingers-crossed ; japanese ex-fin.minister said before that below certain low they will interfere. There no escape from EURUSD DOWN trend though - 15% down from recent highs is projected in G20s.
11:30GMT A reversal of the trend is in line for next few hours
02:00GMT Good Morning Friends, News is that EURs will try some UP today and then DROP again. It will be one direction to watch for EURs after G20 comments.Meanwhile GBPs showing UP to continue for 100-200 pips (UP) and consolidate with 200 pips drop. It will be fun to watch the FX fireworks.


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