January 10, 2019 08:22: Pound/yen and pound/dollar trading strategy [From Mr. Teppei Emori's newsletter]
From the real-time trading strategy newsletter "Tetsu Kurose's Real Trading Strategy" by Tetsu Emori (GogoJungle), here is a small excerpt from this morning's dispatch. This time, please take a look at the trading strategies for the pound-yen and pound-dollar pairs.
We will maintain a short position on GBP/JPY. The long-term trend is 149.40 yen.
The 2019 bear scenario range is 123.01–141.98 yen, with year-end at 124.29 yen.
The January bear scenario range is 134.71–141.98 yen.
We will maintain a long position on GBP/USD. The long-term trend is 1.3200 dollars.
The 2019 bear scenario range is 1.1660–1.2958 dollars, with year-end at 1.1865 dollars.
The January bear scenario range is 1.2380–1.2958 dollars.
From “Tetsu Emori's Real Trading Strategy” (Tetsu Emori)Quoted.
In 2019, policies are expected to be shaped with a view toward the 2020 U.S. presidential election. The information focusing on policy designed to prioritize vote-getting is worth noting. (Editorial staff)
