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mafegarca

short momentum on GJ or GJ

Short
British Pound / Japanese Yen (FOREXCOM:GBPJPY)  
mafegarca  
FOREXCOM:GBPJPY   British Pound / Japanese Yen
Trend Analysis
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trendanalysis
favouring JPY keep an eye on fandamentals and correclation, GBP volatility with brexit and oil falling favouring JPY, also JPy is classed as uncertainty safe haven,.


Do not trade monday as volatility high spreads with the affect of coronavirus
note for monday even if short looks juicy, trade with confirmations, preserve account.
do not trade bottom of channels short and tops of channel long.
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