Short GBP/JPY

9 thg 9, 2020

Have entered short at market as the GBP continues to remain weak with Brexit uncertainty. The risk tone remains off which is supporting the JPY. I think this continue for the rest of the week.

As usual I am nervous about trading the GBP as it can seem to find strength from nowhere.

9 thg 9, 2020

Ghi chú

A second entry could be considered at 138.00. There is a market bill being released by the UK today relating to Brexit which could act as a catalyst for this position in either direction.

14 thg 9, 2020

Giao dịch được đóng thủ công

Closed position on Friday at 135.75 for a £8 profit. Was late in the US session where it was unlikely there would be any fresh catalysts to make the price break the low of the day.