short poundyen on previous structure
Updated
chart is pretty clear, this is the 8th time we are testing this area. already TP1 and 2 on previous trade and looking to re-enter.
we may expect some drawdown, but continued political uncertainty should way on the pound.
do keep an eye on upside break should BOE surprise and the global tradewar worries ease and equities (and yen) strengthen.
we may expect some drawdown, but continued political uncertainty should way on the pound.
do keep an eye on upside break should BOE surprise and the global tradewar worries ease and equities (and yen) strengthen.
Trade closed: target reached
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