GBPJPY Long (short-term)

Riding the bullish GBP sentiment with higher probability of Theresa May winning the commons vote and the Brexit repeal bill which UK government believes to aid in the Brexit transition will then be passed next. Need to monitor closely though and more likely close open positions before the BOE rate decision on Thursday, similar to CHF pairs. JPY with its continuous rise like gold lately, might experience a temporary consolidation this week especially after a sharp revision to its Q2 GDP, from 4% down to 2.5%. Setting up a buy stop order with TP @145 (near R1 in daily chart and R4 in hourly chart), and SL between R1-R2 in hourly chart.

www.express.co.uk/fi...y-brexit-repeal-bill
www.marketpulse.com/...ce-interesting-week/
www.futurecurrencyfo...on-strong-form-41998

Daily:
 

Trade closed: target reached:

Profit <3