JLS: Long GBPJPY Target Zone 134.00-149.00
The short/sell on the GBPJPY's target zone 149.50-134.50 (1500 PIPs) already completed, as attached previous analysis (the chart of previous analysis seems not matched) and the pair pressured to below 134.00 by the actual USDJPY and GBPUSD target zones. At current interest rate differential, the GBPJPY's target zone is estimated to 134.00-149.00 to upward direction by their current interest rate differential.
GBPJPY carry trading currency usually traded in two tranches, from the lower ceiling/band to the central band/central parity and from the corrected price of the central band/central parity to the upper ceiling/band. The wider target zone obligate the stop loss to be managed at wider rate based on the average weekly price fluctuation and the risk adjusted to risk-free overtime by consistentely to manage the risk based on average weekly price fluctuation. Sudden bearish and sudden bullish could be experienced as the result of both USDJPY and GBPUSD are being moved from their disequilibrium rates to their equilibrium rates by their current interest rate differentials. This is the risk to be managed by maintaining and managing the assumed risk based on average weekly price fluctuation until they are manageable to risk free.
GBPJPY carry trading currency usually traded in two tranches, from the lower ceiling/band to the central band/central parity and from the corrected price of the central band/central parity to the upper ceiling/band. The wider target zone obligate the stop loss to be managed at wider rate based on the average weekly price fluctuation and the risk adjusted to risk-free overtime by consistentely to manage the risk based on average weekly price fluctuation. Sudden bearish and sudden bullish could be experienced as the result of both USDJPY and GBPUSD are being moved from their disequilibrium rates to their equilibrium rates by their current interest rate differentials. This is the risk to be managed by maintaining and managing the assumed risk based on average weekly price fluctuation until they are manageable to risk free.
Kommentar:
Kommentar:
GBPJPY is expected to be hammered down to her monthly lower before the pair resumes to move to upward. At monthly lower, long will be repeated to target her upward movement.
Kommentar:
Beaware, the NZDJPY, AUDJPY, CADJPY, GBPJPY, EURJPY, CHFJPY could be re-hammered down, therefore long must be re-measured from her new lows based on their target zones performance with their major pairs.