r00ky
Short

*Update* - GBP/JPY Short Idea

FX:GBPJPY   British Pound/Japanese Yen
113 0 5
The short is working out pretty well so far, due to the current weakness in GBP and the strength of JPY. I expect the price to go much lower to reach the 141 level. However, due to the brexit polls and news, expect this pair to be very volatile and manage your risk accordingly.
Comment: After 5 consecutive days of falling, it is likely that the price of this pair will consolidate, either in time or in price. However, the outlook still remains bearish and the targets are still valid. Just be patient!

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out