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GBPJPY Bullish, AUDUSD still selling.

Ok I’m buying GBPJPY and continuing to sell rallies on AUDUSD as well.

Daily GBPJPY shows a turn down on the MACD, it’s quite fast but I think it’s only temporary and we will continue with upside, I have checked this with a currency strength chart (clicky) funnily enough, I did read on tradingview comments someone has posted “JPY is the strongest currency at the moment”. I really can’t see how that is? JPY have introduced huge QE measures. Anyway the currency strength meters give the true story. So I entered this morning on a signal from the MACD and off we go.

Accidentally I placed a sell on AUDJPY – these things happen. I meant to do AUDUSD. Need coffee.

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