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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:

GBP

Discuss GBP
 
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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 19, 2010 11:06
Pipster, i still think todays yen weakness remains reactionary to stabiliuzation in risk appetite and the impulsive YEN move remains UP. Looks like USDJPY could regain 87.50 which would help GBPJPY to 134 especially if cable regains 1.5330s. Best to short GBPJPY than GBPJPY at this point.


Ashraf
Pipster
UK
Posted Anonymously
14 years ago
Jul 19, 2010 10:39
Hi Ashraf

Do you feel Gbp/jpy will head lower. You've mentioned today about the yen weakness, will this subside soon

Thanks
Pipster
UK
Posted Anonymously
14 years ago
Jul 19, 2010 9:15
Rose I've been away with work and wasn't trading.

Yo've got a nice entry around 1.3370

What is the target for wave 5
rrose
United States
Posted Anonymously
14 years ago
Jul 19, 2010 9:05
stop loss 13450 in wave one
rrose
United States
Posted Anonymously
14 years ago
Jul 19, 2010 9:02
13370 and 13395 wave 4 correction into wave 5 down
rrose
United States
Posted Anonymously
14 years ago
Jul 19, 2010 8:58
pipster are you following my dollar cad trade?
Pipster
UK
Posted Anonymously
14 years ago
Jul 19, 2010 8:42
Guys

Anyone shorting Gbp/Jpy today. I'm lloking for an entry level - any ideas
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 16, 2010 13:12
you read my rational yesterdays IMT why favouring shorts in GBPJPY rather than EURJPY. GBPJPY down 100 pips and more to come towards 132.


Ashraf
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 16, 2010 12:09
@Ashraf: In your post of July 15, 2010 16:30 GMT, where was 1.2980 derived, as a matter of interest?
It just overshot that (1.2986 on my chart), but has since lost ground.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 16, 2010 9:44
djellal, weve been hearing about a japan downgrade for the past 13 years. Not sure their external finance situation will allow a downgrade.

We might still see a higher high in GBPCAD at 16120 as the 76% retracement is broken

Ashraf
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