GBPJPY Medium-Term Buy
Pound is essentially tracking odds of a conservative majority, which I still think is likely (above 60%). Remember, if conservative win majority = brexit WITH A DEAL. That is massively bullish for the pound, even against USD and EUR. Therefore, favorable news for the conservatives is very bullish for the pound.
Retail sentiment is short across the board, which obviously means the buy probability is great (not guaranteed, but great). It sounds cliche but buying the dips is the best value play right now. Especially if you can get in around 139.30-50. Safe target, likely end of this week or next is around 141-142.
Follow me if you like money, my published trades have an extremely high winrate and generally hit targets within the week they are posted.
Retail sentiment is short across the board, which obviously means the buy probability is great (not guaranteed, but great). It sounds cliche but buying the dips is the best value play right now. Especially if you can get in around 139.30-50. Safe target, likely end of this week or next is around 141-142.
Follow me if you like money, my published trades have an extremely high winrate and generally hit targets within the week they are posted.
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