RedridgeCapital

GBPJPY - Chaser into the Everglades

Long
RedridgeCapital Updated   
FX:GBPJPY   British Pound / Japanese Yen
Our position into the New Year will be holding onto a straddle for GBPJPY. We may reach 190+ before the BoJ meeting. If not, then the volatility might break onto the down side.

We are making it out of bankrupcy with this one.
Comment:
GBPJPY straddle is working so far. Lets see what the next week holds for us.
Comment:
Solid volatility still holding on. Pathway to 190+ is clear.
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.