FX:GBPJPY   British Pound / Japanese Yen
Well after Britain exit EU in the previous Referendum on June 23rd, this past week Bank of England decided to cut interest rate with 25basis points for the first time... In my view, price is currently trading a downtrend flag.....Which means only buy above the middle bollinger band or flag breakout area.

Buy @ 134
TP @ 136
SL @ 132

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.