British Pound / Japanese Yen
Long
Updated

GBPJPY: Interesting potential

919
I like GBPJPY here, I'll build a position over 7 days, aiming to capture the next breakout to the upside.
This is a good bullish bet, to balance our exposure to haven assets (we're long Euro, Gold, Pound, Aussie, short SPY/long EEM, etc)

Good luck if trading this one.
Cheers,

Ivan Labrie.
Note
One of the potential scenarios panned out. This is good for risk on trades, bad for havens, Euro / yen / franc / bond longs.

snapshot

GBPUSD, GBPJPY, AUDUSD, might go up together with DXY.
Note
snapshot

We should hold above this level on close each week, at least.
Trade closed manually
Better allocate funds in GBPUSD only for now. I'm out for now.

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