all gaps will eventually get filled. question is when. that April gap took more than a month to get filled

USD/JPY Discussion

definitely going down

EURUSD

Still fine and going down. Some waves forming but overall still going down (just about right based on fib)

EURUSD

this rate cut still continues to baffle me. the rate cut is supposed to lower the value of the currency, but now it's going higher (with euro and us market still to open, i think it's still going up when those markets open). kinda defeats the ...

NZD/USD

GBP, in general, not looking good at the moment. Sharp drops across various currencies. Pretty weak though in most currency pairs, it has already hit a key fib retracement mark. Hopefully, a reversal soon.

Cable Update (GBPUSD)