a194Forex

GBPJPY Possible Setup

Short
a194Forex Aggiornato   
FX:GBPJPY   Sterlina / Yen giapponese
GBP looks to be very weak. Considering the position GBP are in I doubt any long positions will be formed. A second wave of COVID as well as the possibility of bad Brexit being imminent. I would be careful with GBP pairs as it may turn out to be very volatile in the upcoming weeks. Furthermore, there is GBP news tomorrow - BOE Gov Bailey Speaks - important as a sudden interest rate change could happen - I highly doubt it will though.

Canadian dollar is very weak from last week with the news release. Hopefully, it can pick up some strength.
Trade attivo:
Entry placed: 134.345
TP: 133.140
SL: 134.820
Trade chiuso: obiettivo raggiunto
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