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basquefxb1
Apr 24, 2017 2:24 PM

Pairing JPY Weakness with GBP Strength Long

GBP/JPYOANDA

Description

Since the French Election the EUR has strengthened across the board. As a consequence of that we' seen a strong risk-off sentiment in the market. At the time of my writing this equities are up in Americas and Europe. Targeting the 140.20-140.00 level as a buy zone, And then targeting 141.44 to 142.00 with our take profits. Stop Loss at around 139.6 but 139.00 works as well. Depending on risk, sentiment, and momentum.

Trade closed: target reached

Dang I nailed this one. Feels good. Maybe my target was too low...
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