Hammond finished his budget presentation and debates, leaving market with mixed views about the UK economy, opposition tapped very serious issues, no clear answers had been given, pound is mixed over the board and Yen is gaining momentum and is taking cues on GBP
Komen
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notice that DJI is off the high and VIX is on the green
Komen
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Now all US indices are on the red, more losses gives more losses for GBPJPY, if losses deepen on indices that will reflect with JPN225 and will strengthen the JPY for reaching more points on the bottom for GBPJPY, could be 147.85 or 147.50 and even more by the Asian Session
Komen
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200 MA 4HRS is on 148.79 , below that will accelerate more losses on the pair with 148.50 as a hurdle on the way down
Dagangan aktif
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Short Taken @ 149.35 SL 149.51 TP 148.15 and 147.20
Dagangan aktif
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Trade Update: Short Taken @ 149.35 SL 149.51 TP 148.15 ,147.20, & 146.80
Dagangan aktif
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JPY is getting momentum and that opens door to 148.30 as next hurdle, a clear break below 148.30 will open the horizon to 148.00 and 147.70 as targets
Dagangan aktif
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US indices keeps falling and VIX is getting higher, things looks to be on our way to GBPJPY south
Komen
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Trade Update: Short Taken @ 149.35 SL 149.51 TP 148.15 147.55 147.20 146.80
Komen
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I will think seriously to close by 147.70 -147.85 area and assess the market from there
Dagangan aktif
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Sell a failure 149.12 - 149.03 Target session low at 148.70 - 148.60 -- SL above 149.25