Pound Yen - More down side expected

BRITISH POUND / JAPANESE YENICE

Description

⋅ Aug 9, 2018 1:51 PM

The Yen streak doesn't seem to be over. With the flag forming more downside expected. Blue region could be potential reversal region.

⋅ Aug 15, 2018 8:52 AM

Exit trade. Only enter long once significant close of at least 3 bars is seen. Pound weakness can be deceiving.