GBP/JPY London Open
Not great zones to trade today. I am more on a bullish side of bias today. However, only will hold trade if there is a momentum going through the first zone (and ofc setup is right at at the beginning).
Very strict BE probaly around 5 pips in potentioal trade.
I am bullish because JPY policy shift timming is not clear and anticipation might be priced in already and GBP had some good news going on. I would like to go up above 190 again this week and even closer to 195 if there is time. Then the shift of JPN rates and neverending fall. But thats just my dream scenario and it does not matter.
Very strict BE probaly around 5 pips in potentioal trade.
I am bullish because JPY policy shift timming is not clear and anticipation might be priced in already and GBP had some good news going on. I would like to go up above 190 again this week and even closer to 195 if there is time. Then the shift of JPN rates and neverending fall. But thats just my dream scenario and it does not matter.
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