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DutchTrader replied May 7, 2008
You're forgetting that GJ = GU * UJ UJ's holding steady ,which has prevented GJ's drop in correlation with GJ, plus EU is dropping this causes GU to accelarate the downward bias.
Auslanco - GBP/JPY and GBP/USD (newstrade)

DutchTrader replied May 7, 2008
lilmoe, What mikew said, imvho we're headed to 106 but there's a barrier there, whatever that means.
Auslanco - GBP/JPY and GBP/USD (newstrade)

DutchTrader replied May 7, 2008
Yep the fact that oil's at 122 and no parity tells me the specs are all gunning long.
Gann Analysis


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