GBP/JPY longs were the best trade this week

Author: Adam Button | Category: News

Weekly FX performance

Weekly FX performance
The combination of risk appetite and the potential for a Brexit deal and better risk sentiment.

The chart has been explosive since Brexit sentiment turned on October 9. In that time the pair has risen 950 pips.

I wrote on Tuesday that I would look to buy on a pullback to 138.00/137.80. The pair fell to 137.53 the next day and has now climbed to 140.34.

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose