2.000 likely, GBP has a tendency to overshoot.
GBP/USD trading
- Thread starter nik1033
- Start date
long usd/jpy 118.30
last week almost wiff of central bank intervention supporting the dollars versus other pairs except yen.
will convert the short yen/dollar position to long gbp.jpy at 2.000 gbp if it gets down there, otherwise will just leave it alone for a few months till the end of the year.
GBP still not within target 2.0000 area, usdjpy progressing well almost at 119.20 previous resistance, then 120.75 then 124.00
usdjpy to 116.00 and lower
gbp to 1.9800
gbp/jpy 224.00
gbp to 1.9800
gbp/jpy 224.00