🇬🇧 GBP - Weak Bullish
1️⃣ The risk-on environment and the surge of COVID-19 cases in Asia could boost demand on the GBP.
🇯🇵 JPY - Strong Bearish
1️⃣ Positive markets put pressure on safe-haven currencies like the JPY.
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Technical
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We are buying the GBPJPY after its break previous resistance levels and now become support levels.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ The risk-on environment and the surge of COVID-19 cases in Asia could boost demand on the GBP.
🇯🇵 JPY - Strong Bearish
1️⃣ Positive markets put pressure on safe-haven currencies like the JPY.
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Technical
=====
We are buying the GBPJPY after its break previous resistance levels and now become support levels.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Trade active
Trade closed: stop reached:
✅ TRADE HAS HIT BE
+5 PIPS
Sentiment turned risk-off.
+5 PIPS
Sentiment turned risk-off.