I almost said "Do you wanna bet" but hey, forex is not gambling, is it?

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

Thats what my charts tell me. 1h 100 sma at 78 and 50ema at 64. 15m 50 ema and 100 ema in the same area too. Anyway no fuss, its only 10 pips difference...we are on the same page

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

I think it will go to at least 202.70 then make up its mind there. I will make mine up too soon. I was too busy scalping the gu up and down....lol

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

This was a bounce off the 1h 200ema and I think we will have a bounce up from the 1h 100sma or 50ema in the 202.6-8 area. I will wait and see how price reacts in this area....but I am thinking long...

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

This pair is currently stuck between the 1h 50ema and the 1h 100sma...

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

Just a few points for bear action: - 4h stochastics ob - geppy daily very bearish - triple top on 15m I am waiting to play it either way.....but I think the bull looks stronger short term.......We'll see...

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

I think it will go up based on the bullish engulfing candle on the yen daily and the cable also looks set to rise to 1.9750 area. Also the geppy 4h looks quite bullish. I am just waiting on a break and close above the 1h 100sma. I think the RICS ...

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

I meant 202.90s....

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

I think the long will be good........ but I still haven't received confirmation as we have not had a close above the 1h 100sma yet. We could be heading back to 202.70s once again soon in order to pick up more buyers.

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

Have you guys heard about that earthquake in China. Over 9000 killed. I pray for them as this is a very sad day. Bless

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

I pray for all those people who are suffering right now. These are very unfortunate times. This is a very sad day... Bless

Cable Update (GBPUSD)

closed at 1.9560 nice...... It may well follow the euro on a tear up to 9700 area. I will short when it gets up there. Bless

Cable Update (GBPUSD)

Does everyone see this channel on the Dow? I wonder if it will hold

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

That is exactly what I am waiting on Mike. Let see how it plays.

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

Are we really in an uptrend? Check your charts again. The trend a mi bredjrin but memba seh it will look deceiving sometimes. We are in a downtrend and in a downtrend I short rallies. This upmove looks exhausted and we should see at least 1.9550 ...

Cable Update (GBPUSD)

nice........

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

And your analysis is..........

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