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BostjanSrsen
7. Jan. 2018 16:50

GBPJPY Short

BRITISH POUND / JAPANESE YENICE

Beschreibung

Although price is still bullish i would prepare for possible reversal.
JPY historicly straightens from january to april (fiscal year end jpn).
You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them.
Basically i expect risk off trading conditions for the next month or two.
Blue zone is the key if price closes below we will know which way price will go.
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