GBPJPY TD Sequential buy signal (13 bar). Rebounded sharply on support at 130.5.
Proposed deal rejected by EU however UK odds of crashing out on 31 Oct remains low. Extension or referendum --> bullish GBP.
Trade talks this week could affect JPY significantly and determine outcome of this trade.
Set SL below 130.5 . TP at 135 for +350 pips
Proposed deal rejected by EU however UK odds of crashing out on 31 Oct remains low. Extension or referendum --> bullish GBP.
Trade talks this week could affect JPY significantly and determine outcome of this trade.
Set SL below 130.5 . TP at 135 for +350 pips
Trade closed: target reached
+600 pips in 48hrs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.