GBP/JPY - Short opened on pullback/filling gap.
It been a great few weeks trading this one, especially late Thursday evening and Friday morning of last week then selling out on Monday awaiting a bounce/pullback, which i feel we have now seen.
I've opened up my shorts again here as i believe we were just filling this gap.
Overall i have had a longer term target of 122/120, followed at 117 area, and that days back till last year/start of this.
I can't personally see many folks wishing to purchase sterling given the uncertainty within the UK.
I'm using a very wide stop on this given the market.
All the very best.
I've opened up my shorts again here as i believe we were just filling this gap.
Overall i have had a longer term target of 122/120, followed at 117 area, and that days back till last year/start of this.
I can't personally see many folks wishing to purchase sterling given the uncertainty within the UK.
I'm using a very wide stop on this given the market.
All the very best.