zuoertai

[GBPJPY,18/12/2018] Intra-day trading ideas (long and short)

FX:GBPJPY   British Pound / Japanese Yen
1. Long position: a bullish divergence has formed by both MACD and RSI in H1 chart. Risk lovers may go long and see if resistance at 142.850

2. Short position: if resistance at 142.850 holds, continue to short to 141.600

I prefer not to hold GBP related pairs more than 24 hours recently since its volatility in both ways sometimes are unexpected.
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