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GBPJPY

Hey friends, we're back to action! After some months reviewing our strategies we're getting ready to hit the road and top the ranking :-)
As usual, we'll be trading on JPY-based pairs, especially the volatile and "almost crazy" GBPJPY.
We went long few minutes ago @142,70 hoping to take it to around 143,50 where we expect to go short.
Stay tuned if you like this pair and good luck to all!
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GBPAUD

Well, it looks as if the market actually discarded the hypothesis of a bull GBP. The outcome is a fresh new bear which will probably extend significantly the move started last week. As we tightened our stops our financials were not damaged to an unrecoverable extent. Just enough to realize the new mood and change direction. We also changed our favorite pair moving our best interests to GBPAUD. We believe the bear here will be far more hungry :-)
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GBPJPY

Hello fellow traders,
I believe the October cycle is a great opportunity for trading the bounce back of this very heavily sold pair. I believe the current lows have consolidated the support and the bull will show its strength within a few more days. Additional bull pairs to watch are GBPAUD and EURUSD. Anyway, I wish good luck to all and let's have some fun :-)
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GBPJPY and GBPAUD

Well, well, well.. can one change his mind while his positions are making money? It's a though question and history proves that the punishment for such a bad decision is bitter and harsh. Nevertheless, I changed my mind after seeing the action in the pairs. Having sold both and making some pips, I was comfortably watching the price action and suddenly I realized that it wouldn't end up well as the main move is actually upwards. So I changed direction and am now fully bullish on both pairs. Hope …
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Back to action

After a while out of the traders contest I'm back :-)
It looks like GBP is going somewhat down within the next weeks. As usual, to identify the basic direction of the market is much easier than nailing down a winning position which is leveraged.
Anyway, will be shorting GBPJPY and GBPAUD in the next few hours and.. good luck to all!!
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Week ahead

In the coming week we plan to continue trading towards the downside both GBPAUD and GBPJPY. We see big technical potential for a sharp decline for both pairs and the key as usual is finding the right timing. We believe that the opening will set the highs for the coming week. Go luck to everyone!
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GBPAUD

As expected, GBPAUD tested the upper limits of the monthly bar and ended up falling sharply at the end of the trading session on Friday. We expect to see further weakening of the pair in the coming days. We see current support levels around 2.00 or even somewhat lower.
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GBPAUD

We saw GBPAUD falling additional 250 pips to 2.033 before it finally got some wind and propelled back to 2.06 today. We believe that 2.07 is an excellent selling point, if and when it gets there. Right now we see intermediate support at 2.04 and the game looks pretty straight forward.
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December start

We are starting December cycle focusing on GBPAUD. It slid 150 pips in the first day of the month and we believe there are some 800 more to come. However, timing is key as usual and the current highs of the month might be a precious selling point. We wish a good luck to all fellow traders.
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GBPAUD action

Hi all,
we expect to see more bullish action around GBP pair, especially GBPAUD and GBPJPY. Recent movement has broken importante resistance levels and most probably we will see prices on GBPAUD soaring to around 2.20. Good luck to all!
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