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Update on GBP/USD & GBP/JPY by Keon Consultancy | Jan 22, 2020

FX:GBPJPY   British Pound / Japanese Yen
Update on GBP/USD & GBP/JPY by Keon Consultancy | Jan 22, 2020
Trade closed manually:
GBP/JPY couldn't break triangle to upside. It fell down from upper border and we closed at beginning of EU session today. Tomorrow, we will buy GBP/USD if PMIs will come out positive. Or else, we will sell GBP/JPY if PMIs will come negative. We will simply follow Bollinger Band's range trading plan in case of negative PMIs as well as in case of positive PMIs because Brexit and MPC vote will shake GBP again at the end of Jan; then we can perhaps see real trend.
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