Short GBP/JPY

18 בספט׳ 2020

Have entered short at 135.50 with a target of 132.00 and a stop around 136.50. Markets seem to be leaning risk off lately with COVID cases increases and lack of stimulus boosting equities. The GBP is fundamentally weak given Brexit concerns and increased COVID cases.

18 בספט׳ 2020

הערה

This also hedges against my risk on trades with AUD/JPY, NZD/JPY and AUD/USD.

29 בספט׳ 2020

הערה

Closed trade manually at 135.98 for a £3.50 loss.

29 בספט׳ 2020

הערה

Seems to be some optimism around Brexit which is supporting the pound. This was always risky leaving open as a swing trade. I should of took profit when sentiment was fresher. Could of taken £15 at one point.