03:15GMT JPYs are looking DOWN and EURUSD looking UP. It will be slow but players will enter before the housing data..
01:00GMT Good Morning Friends, Current drop is a day late based on my indicators.. I think 132ish was a good support for GBPJPY. Next it will climb a bit and then again slide before big Fed meeting. Though I'm saying it for all our pairs players will handle only 2 at any time. Expect some delays in one major. GBPs should try UP from now and then a small slide.
Tuesday, 21 September 2010
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Hi J, hope its all well. Whats your view on gu? its dropping and dropping - when is the next rise? Thanks
ReplyDeleteIt may look like its been dropping but its not - just consolidation current price 1.5525. It needs this consolidation before the next UP. Next week is key for the trend as we are entering into Christmas seasonal sales etc.. I stick with my view of 1.57 to 1.60
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