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TimStuyts

GBPJPY buy

Long
British Pound / Japanese Yen (FX:GBPJPY)  
TimStuyts Updated   
FX:GBPJPY   British Pound / Japanese Yen
11
1
The GBPJPY is very comparable to EURJPY and easy to trade, be patient, wait for the consolidation and set-up before you buy the continuation. Updates will follow.

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Comment:
Comparable to EURJPY update but the structure is more clear for a potential sell trade.

snapshot
Comment:
I mentioned this morning that GBPJPY showed a better set-up than EURJPY and therefore I traded GBPJPY. Stop is at break even and I took some profit since I consider this to be a day-trade. Let's see wheter we see another break and bearish continuations.

snapshot

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