RealistFX

GBPJPY - WEEKLY REVIEW

FX:GBPJPY   Paun British / Yen Jepun
YOU WOULD HAVE GROWN YOUR ACCOUNT 30% OFF ONE TRADE IF YOU TOOK THE SHORT OFFERED ON WEDNESDAY!

Like with GU, GJ was not sure what to do with itself this week.

We saw a break of the ascending channel which could have been a nice impulse but very risky trade.

The only other option would have been a sell to test the lows once price pushed back into the 61.8% fib retracement.

With Bojo announcing whether to stick or twist with brexit this afternoon, expect next week to be crazy!
Penafian

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