November 16, 2018, 08:33: GBP/JPY and GBP/USD trading strategy [From Mr. Tetsu Emori's newsletter]
From the investment newsletter "Real Trading Strategy by Satoshi Emori" by GogoJungle, here is a small excerpt from this morning's distribution. This time, please take a look at the trading strategies for the greatly fallen pound/yen and pound/dollar.
We will maintain short positions on the GBP/JPY. The fair value is around 171.00 JPY, and the current level is theoretically quite undervalued. The long-term trend is 149.90 JPY.
We will maintain short positions on the GBP/USD. The fair value is around 1.5020 USD, and the current level is quite undervalued. The long-term trend is 1.3300 USD.
“Real Trading Strategy by Satoshi Emori” (Satoshi Emori)quoted from.
Political outlook in the UK is increasingly uncertain, and the pound remains unstable. Exercise caution when trading currency pairs involving the pound. (Editorial Department)
GBP/JPY, 1-hour chart.
