GBPJPY remain in channel since elections for now. careful LONG
Bids in gold, and cont'ed selling in oil this early asia session form some risk-off sentiment, but JPN225 is @ 62R support. Considering that the pound yen is yet within channel since US election & confluences @ 62R, 38R, 127Ex are observed on the downside, this ST-trend is likely a squeeze, and should reverse for some downside in yen. Long from here. Hedging @62R from Friday high on upside. SL below 23 Nov 62R
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.