British Pound / Japanese Yen
Short
Updated

GBPJPY possible short position swing.

394
The recent increase in the UK's unemployment rate to 4.3%
has raised concerns about the British economy's health. This uptick suggests potential economic challenges, which could weaken the British Pound (GBP). In the GBP/JPY currency pair, a weaker GBP against the Japanese Yen (JPY) may present a bearish trading opportunity. Traders might consider monitoring this pair for potential sell signals, especially if technical indicators align with the fundamental data.
1:3 ratio
Order cancelled
Canceling this trade price went to 70+ pips in profits . Stay alert for next week.

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