THoughts on GBP/JPY?
I made some good money on a sell end of last week and considering keeping it going, trailing stop.
2 Likes
hope you got in on a buy after it reached it’s 4hr support
1 Like
It’s very volatile I tend to stay away.
Leave it alone
I like to trade with this pair, GBPJPY has high average movement daily, although spread is larger than GBPUSD, but this pair giving potential profit quickly
1 Like
Any particular reason?
1 Like
Volatility in GBP - vote scheduled for the 12th with T. May revised plan if it fails through the next day(13th) would be 2 votes for either disorderly exit or article 50 extension. Basically a lot of major swings GBP can make in either direction and it’ll be a extremely volatile time in regards respectfully.
Ah yes. For some reason I read that as avoiding GBPJPY as a general rule lol. Brain not working thanks @momoisnyc!
1 Like
I am waiting to break 147.34 level to buy here since it’s a bullish trend.
Volatility and missed the move a bit were my thoughts