British Pound / Japanese Yen
Long
Updated

GPBJPY Long order - divergence

Long order due to divergence, SL at 129.50, TP at R1 Pivot
Note
No major news release till thur, and forecasts are bullish. Mon US indexes closed higher due to positive news on clinical moderna trials, and bullish sentiment from Fed Powell. Tue Asian session is following through the positive news.

Will shift the SL to 130.70 and lock in some profits.
Trade closed: target reached
Shifted target to 132 and closed

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