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RichardEdwards

Short GBP/JPY

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Paun British / Yen Jepun (OANDA:GBPJPY)  
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OANDA:GBPJPY   Paun British / Yen Jepun
Chart Patterns Fundamental Analysis
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chartpattern fundamental
Have entered short at 135.50 with a target of 132.00 and a stop around 136.50. Markets seem to be leaning risk off lately with COVID cases increases and lack of stimulus boosting equities. The GBP is fundamentally weak given Brexit concerns and increased COVID cases.
Komen:
This also hedges against my risk on trades with AUD/JPY, NZD/JPY and AUD/USD.
Komen:
Closed trade manually at 135.98 for a £3.50 loss.
Komen:
Seems to be some optimism around Brexit which is supporting the pound. This was always risky leaving open as a swing trade. I should of took profit when sentiment was fresher. Could of taken £15 at one point.
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