aiza_belle

GBPJPY Short

Short
aiza_belle Updated   
FX:GBPJPY   British Pound / Japanese Yen
Setting up a sell stop order near current period's S1 pivot line, with SL near base pivot line and TP between S2-S3 pivot lines (S1 pivot line on the daily chart). This is in line with strengthening JPY during uncertainty with USD, and weaker GBP recently.

D:

W:


Confidence: B (assuming USD will continue to go bearish this week, and current GBP sentiment is still the same--at least before the upcoming UK general election, it's more likely that this pair will continue to go bearish this week)
Trade closed manually:
Closing all GBP pairs before the UK general election to minimize risk :)

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