OANDA:GBPJPY   British Pound / Japanese Yen
3:1 Reward to risk

Buying the retracement on a stong GBP and weak JPY

I am hoping that risk trends will back me up on this trade with the SP 500 at new highs
if we get a reversal in equities the trade could turn on us with the yen being sensitive to the global economy as a safe haven currency




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