Long GBPJPY
This idea may look controversial but I advise going LONG GBPJPY.
Market currently is very short GBPJPY. Liquidity is poor, because it's summer. In these circumstances, positions can be squeezed very easily.
Techincally, on the day graph we BROKE down-trend channel and made new RE-LOW. This combination is often point of reversal.
Potential profit is about 3 figures minimum (153.6 is last important low which the pair can come back too)
Market currently is very short GBPJPY. Liquidity is poor, because it's summer. In these circumstances, positions can be squeezed very easily.
Techincally, on the day graph we BROKE down-trend channel and made new RE-LOW. This combination is often point of reversal.
Potential profit is about 3 figures minimum (153.6 is last important low which the pair can come back too)
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