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AD4499
Dec 13, 2015 6:06 AM

GBPJPY Short Short

British Pound/Japanese YenFXCM

Description

I should have posted this last week . Sorry guys.I have been shorting this pair for awhile and as it rejects its bullish trend line and MA then i add to it. i think with fresh pound selling the pair really falls out and with the equity markets looking very short I would look to short this pair on Yen strength. After the rate decision for USD the known factor is that most investors will go back to risk aversion plays which make Yen very bullish.
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