grantyboy wrote:EURAUD didn't quite make it back up to the Prev weekly low but has now broken the most recent H1 low. Therefore, I'm waiting for London open and then looking for shorts on retracement to the area of the white arrow.
Looks like you got your pullback on that one
That GBP/JPY has been too choppy & bitty for my tastes, as have most of the majors.
The summer doldrums will affect & impact liquidity until we get into September but there are bits & pieces of (fx) value about if you look hard for it - Canadian Dollar for instance has, over the past few weeks, offered up pretty decent trend continuation/pullback opportunities via most of it's crosses particularly v/s US$, YEN & STERLING.
It pays to be very selective at this time of the year & your patience will be sorely tested, but it has it's rewards when price does eventually decide to go on a little run every now & then!
Good luck with your positions grantyboy.