London_fx_club

GBP JPY trade this one carefully potential +400 pips

Long
FX:GBPJPY   Sterlina / Yen giapponese
GBP JPY trade this one carefully potential +400 pips
GBP is a Mess Brexit is a mess , the GBP is on its armpit after last weeks bearish surge , possible a lot traders dumping the GBP before the Long weekend
@ the time of writing we have a 400 pip gap
Those that have been doing this sort of thing for a while will now that MOST gaps retrace MOST
If this falls in the MOST category then we will see +400 pips and the GAP retraced
Trade this carefully and it can be profitable
A pending order to long possibly best way to tackle this pair

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