Short GBP/JPY
Updated
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.
Note
This also hedges against my risk on trades with AUD/JPY, NZD/JPY and AUD/USD.Note
Closed trade manually at 135.98 for a £3.50 loss.Note
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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