Surrender but no retreat.

GBPJPY retracement forecast.

GBPUSD channel bounce.

We might see Cable bounce from low today and could reach 38.2 ( 1.8856).
But overall trend still down. Quite danger to buy and fight the trend right now. I buy because im confident GU will pull back and Fundamental from USD supposedly weak this night.

Bounce for a while

For who are those ever read Japanese Candlestick Charting technique, im sure you will ever heared about this word. " the candle exhaust give

GBPJPY
So far so good , move as expected. If you follow my analysis in previous post im sure u will be rich.

GBPUSD
In this chart show a clear bullish divergence. In my opinion today is a good day for GBPUSD bounce as a retracement. But the whole trend still down. We are heading to 1.8550.

Thank you..

GBPYEN weekly

GBPYEN are this pair will slide into 208.

Here i updated GBPYEN 4 hour time frame. Price moving inside the channel. According to elliott wave we are currently in wave C down perhaps. It should be easier to going down.

4 hour fractal already broken. I expand the fibonacci and fibonacci said price will land below 209. Maybe 208 or 207.

Overall trend is down prefer sell signal. Be careful with retracement, because GJ has fall to much, anytime retracement can occur.

Only open the position when u get the signal from your trading system. For trend follower fractal is your special weapon . Use it wisely with proper money management. Thank you.

Now we are heading to south and will land at 208 area. Thank you

GBPJPY 1h. review

bullish pattern or bear pattern. Two possible movement , (i) , (ii) = (iii). a,b = C down.

frankly said, in my opinion GJ will going up until 215.00.

But since dollar was very strength recently because of turning point of oil price, anything can happen, demand on dollar was very high and its make impact for GBPJPY.

Correlation in GU if demand of dollar crossing the curve of supply and demand , GU will be bearish for a long way, but now its still in bear way. In UJ also is the same situation. So what is the answer for GJ. huhu well just follow the setup and your analysis.
thank you.

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USDYEN 4 hour