GBP

those who might be in a hurry to short cable might be better off waiting for the weekend to see how week closes. there seems to be a bullish pin bar developing as of now.

SPEC: Any good index tracker funds for japan recommended?

Dear Spec ,
What you expect on DXY ? Do you think it will reach 90 ?

Slater 05


GBP/USD On 1h chart 50SMA oftern serves as support/ressistance, and for a while now GBP/USD was unable to make higher retracement than 1.5140, and now S. Stochastic are showing crossover for a move lower. I see a set up for a short move, however this is taking place before european open, so I will be carefull for one more attempt to break out higher. GBP weakness is already entrenched in FX world and USD strength is evident everywhere so this should be "smooth sailing", at least I would like to think so.
On a daily chart trendline from feb.17 serves as aditional resistance

good hunting

b.

rrose

1312 for gold in aussie over the next two weeks