Get started
TrentAsher

Short GBPUSD as a hedge against GBPJPY

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
TrentAsher  
FX:GBPUSD   British Pound / U.S. Dollar
Support and Resistance
4
0
supportandresistance
Why should I short GBPUSD you ask? because:

1. To hedge against GBPJPY Buy order as per my previous comment/idea

2. USDJPY is in an uptrend. This mean that in relation to British Pound, USD is strong and Yen is week.

So even if one of the trades fail, the other has a higher probability of success

Related Ideas

TrentAsher
STOP-BUY order for GBPJPY
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.