GBP/JPY
3:1 Reward to risk
Buying the retracement on a stong GBP and weak JPY
I am hoping that risk trends will back me up on this trade with the SP 500 at new highs
if we get a reversal in equities the trade could turn on us with the yen being sensitive to the global economy as a safe haven currency
Buying the retracement on a stong GBP and weak JPY
I am hoping that risk trends will back me up on this trade with the SP 500 at new highs
if we get a reversal in equities the trade could turn on us with the yen being sensitive to the global economy as a safe haven currency
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.