UkTrading

GBP/JPY LONG IDEA

Long
UkTrading Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Potential position will be watching to see how price reacts lower down. maybe I will enter lower than indicated for fears of a stop hunt.
Later today at 23:30 GMT figures on unemployment in japan, forecast to be 2.7%, will be released, so looking for 2.6% or lowwer
never traded fundamentals before, but noted that better than expected figures don't guarantee that the market will follow immediately

if you would like to discuss ideas drop me a message.
looking at new securities and different ways of trading especially hedging strategies
Comment:
Correction
2.7% OR HIGHER
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