UnknownUnicorn483829

GBPJPY - Long - 4hr trade - Buy Stop

Long
OANDA:GBPJPY   British Pound / Japanese Yen
Hello all - DuncanForex here with a new trade idea

previous 4 hour candle high was broken and then price has dropped back below

I now have buy stops at 134.77 and if the high is broken again - I am looking to go long on GBP

It is at the 61.8% retrace of the last move upwards

This is based on short term sentiment of BoJo and also GBP positioning against Risk off sentiment.

thanks for looking at my idea

My website goes live tonight

Duncan
Trade active:
Trade is activated at 134.70 after this mornings price action - will be watching for a move higher tomorrow - first target of 135.20 hit
Trade active:
trades live and going well
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