Trade_Simple_FX

GBPJPY H4 - Long Trade Setup

Long
OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY H4 - YEN has been an absolute misery this week for obvious economic reasons, GBP has had some drawbacks too but has managed to stay above ground nicely.

141.200 is being threatened to set new yearly highs. National lockdown announcement and Bailey's economic speech kept pulling GBP back as it tried to pull away this week from Brexit clarity and trade deal positivity. Short/Med term bulls for GBP.

Current price is the key price we are monitoring, no doubt NFP/AE and unemployment will throw the YEN around a bit later, eyes peeled.

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