Oooppsss....what surprising inflation numbers...1,9 % ???...no rate hike anymore after subprime and credit crunch...??
Thanks, better luck next time. cable hovering above 1.9900, I think we could see a rally in this area. Tightening stops and waiting for exactly that, so I can sell it.
Come on Spectre, we talked about this call...you meant 242 GBP /YEN, isn´t it ? But anyway, nice call if you are invested...
my targets for usdjpy...gbpusd...are hit.. will be looking to place carry trades on.. 115 handle is psychologically important for BOJ. We might some intervention on their part, to shield exporters. Rate hike next week by BOJ is almost nil. UK retail sales came in better then expected..... gbp/jpy... seems to be a good trade at these levels.