GBPJPY: 1050+ Pips Move! Will JPY continue dropping?

2 975
In our previous analysis, we anticipated a similar move for GBPJPY, but the price dropped a bit further than expected. It’s now in a position to buy long, but please use accurate risk management as JPY pairs are likely to remain more volatile than ever. There are three targets you can keep an eye on: 197, then 200. Remember, trading involves risk, so make your own decisions.

Good luck and trade safely!

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550+ pips trade is active and moving nicely!

close 50% positions.

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615+ pips close completely on monday when market opens!

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