The Pound to head back into the box..

FX:GBPJPY   British Pound/Japanese Yen
155 3 1
My game plan is for the 189.60 to hold and for the Pound to range back into the box and continue the range play.

My 175.10 target may take some time and will not play out in one go. This trade is only plotted on the weekly for it to be traded on the Daily - Step by step - Day by Day.

The Stop loss is planned to provide cover for the risk in case the Pound goes for 261.80%.

Happy trading
2 years ago