My hourly chart still looks bullish until the TL breaks — It's known that asia sometimes pullback after a rally and it may drop to the 136.00 on the 200ema if the PA falls or hold the red TL.

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

Trend is your friend — The GU looks bullish to reach the upper TL(1.53- 1.54) before the rate cut decision tomorrow.. This may carry the GJ further to the 143.60-80 range MACD is bullish PA above the 4hr gann-hilo H & S formation ???

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

There is still room to go upward before a pullback — On my charts, my daily GJ chart shows 50ema is around 143.40-60, my 4hr show the R3 at 143.44... GU chart looks bullish and may retest the 1.53- 1.54 area again which will carry the GJ ...

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

A Rebound In Liquidity May Put Risk And Carry Trade Interests Back On Pace — Written by John Kicklighter, Currency Strategist The new year has begun; and the impending rebound in liquidity promises to redefine direction for risk sentiment and ...

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

I don't think so atm...It good to make a guess but the PA may continue upward after breaking out of the Daily trendline...All indicators is still pointing up on higher TF...It may PB but the GJ will try to retrace more before dropping to a new low.. ...

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

Social Security a Ponzi scheme? — url

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

Off Topic: Porn industry seeks federal bailout — url WTF??? Who is next?

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

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

I have my TP around the 148- 150 zone before a reversal..IMHO Previous post... url

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

Thanks PandoraBox...

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

Hi PandoraBox, I would to see your weekly chart... Thanks rgitt05

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

Short term TP on the daily chart — I have 143.60-144.00 area for TP today or tonite at the 50EMA..

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

Hi malcolmb14, I enjoyed your analysis in the past as well.. This year will be even better for big swings.. I am also back in currency options..

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

My bottom forecast for GJ — I know alot of ppl on this board try picking the bottom for GJ, I have my setup around 110-112 area.. This is just for illustration purpose... The solid RED TL broke around 9/08 and I project my support long term ...

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

Update on the swing trade — I posted in the past a swing trade that may test the 148-150 zone before another drop for a new lows...This thursday GBP will probably cut the rate to another low that will be negative for the GJ... Based on my ...

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

Hi belekas, I realized you have the same setup for a rally near the 150 range before another test of the lows.. url

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

Happy New Year.... Show me the money GJ....

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

Monthly GJ chart — On the higher TF the 148 area was a support in the past...The 148 was tested last on 9/2000 as a support before the big wave retracement..It finally broken twice thru the support (148.00) on 10/08,11/08 candles and the 12/08 ...

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

Weekly GJ chart — As you know TL are stronger on higher TF.. Based on my weekly chart, I have two blue TL intercept at the 150 zone which happen to be at 23.6% fib and 9/2000 low as support. Technically, the RSX and MACD are trending downward ...

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

Hi Pkimnyc, Thanks for the feedback... I expect some major PA this year from the EU and GU ...The economy is real bad and the correlation of the currencies are going to be really interesting ...I think commodites are due for another big run this ...

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