GBPJPY short: two targets in sight

FX:GBPJPY   British Pound / Japanese Yen
I'm short GBPJPY , target 1 is 177.80 and target 2 172.75.
I'll trail to break even+5 after 40 pips down and take it from there.
Relative strength shows a stronger Yen, vs a weakening Pound Sterling .
Correlation with the SPY is strong, so it's a good idea to watch that chart, since it normally leads this one.

If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Crypto, Equities and Commodities. Contact me here or @ http://www.fb.me/LabrieTrading

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.