Ciba

HOLD LONG (Aiming 172.75 - Large Triangle)

Long
FX:GBPJPY   British Pound / Japanese Yen
0
Staying LONG and aiming for the large triangle pattern and beyond. Will readjust with the following:

1) GBP Bank Rate out tonight
2) GBP Asset Purchase out tonight
3) USD Unemployment claims out tomorrow early morning
4) USD Federal Balance tomorrow late morning
5) JPY Monetary Minutes tomorrow late afternoon
6) USD PPI early Friday morning

Wow, that's a lot (and the G20 meeting). The only thing that would disrupt this is a Putin mess. Danske Bank's public disclosure is aiming for 173 something.

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