If you’ve been following his information in recent weeks, you will be aware that he’s been ridiculously accurate particularly when it comes to the GBP. He continues to have strong views on both cable and EUR/GBP:
- Cable will struggle to break above 1.5225/50 unless something major changes.
- EUR/GBP will range trade broadly between .8450/.8650.
He’s been consistently saying the same thing all week so who am I to doubt him.
If he’s right, and I’m right on EUR/JPY, then I should be looking to sell GBP/JPY rallies for a move back to 138.00!