[GBPJPY,18/12/2018] Intra-day trading ideas (long and short)
1. Long position: a bullish divergence has formed by both MACD and RSI in H1 chart. Risk lovers may go long and see if resistance at 142.850
2. Short position: if resistance at 142.850 holds, continue to short to 141.600
I prefer not to hold GBP related pairs more than 24 hours recently since its volatility in both ways sometimes are unexpected.
2. Short position: if resistance at 142.850 holds, continue to short to 141.600
I prefer not to hold GBP related pairs more than 24 hours recently since its volatility in both ways sometimes are unexpected.