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  1. #1661
    Specialist Member finalsignals's Avatar

    gbp/jpy to go down this week !!!

    gbp/jpy has reached important resistance level and looking at the technical picture I assume it is going to crash this week. More puts are ahead if price goes down towards 138.40 area.

  2. #1662
    Legendry Member milos's Avatar
    The dollar strengthened against the British pound.The weakening of the British currency was after the UK posted worse than expected information on the number of approved housing loans.The currency pair is at a level of 1.2473 dollars.It means that the pound has weakened by 0.38%.

  3. #1663
    Specialist Member finalsignals's Avatar

    gbp/jpy fails to fall !!!

    gbp/jpy sort of broke down from the narrow range, but failed to follow through and is now back above 1.38.40. Looks like a good spot for a weekly call.

  4. #1664
    Legendry Member milos's Avatar

    Key resistance at 1.2460 !!!

    Put option below 1.2460 with targets 1.24 and 1.2380 in extension.

  5. #1665
    Legendry Member milos's Avatar

    Cable is under pressure! !!!

    Put option below 1.2465 with targets 1.2395 and 1.2370 in extension.

  6. #1666
    Specialist Member finalsignals's Avatar

    gbp/usd at support !!!

    The pair broke key resistance and is headed towards 1.3000 area. Good spot for a intermediate term call.

  7. #1667
    Legendry Member milos's Avatar
    The British pound declined compared to this morning.Existing homes sale in the US rose in March by 4.4% to 5.71 million units with a 5.47 million in February and predicted growth of 2.5% to 5.60 million units. Retail sales in the UK in March is decreased by 1.8% after growth of 1.7% in the previous month, while the predicted increase of 0.2%.

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