January 23, 2019 08:31: Pound/Japanese: Pound-Yen and Pound-Dollar trading strategy [From Mr. Satoru Emori's newsletter]
From the investment newsletter “Real Trading Strategy by Tetsu Emori” provided by GogoJungle, here is a small excerpt from this morning’s distribution. This time, please take a look at trading strategies for the pound-yen and pound-dollar.
We will保持 pound-yen as is. The long-term trend is 149.40 JPY. The bearish scenario range for 2019 is 123.01–141.98 JPY, with the year-end at 124.29 JPY. The bearish scenario range for January is 134.71–141.98 JPY.
For pound-dollar, we will unwind the short and take a new long position. The long-term trend is 1.3200 USD. The bearish scenario range for 2019 is 1.1660–1.2958 USD, with year-end at 1.1865 USD. The bearish scenario range for January is 1.2380–1.2958 USD.
『Real Trading Strategy by Tetsu Emori』(Tetsu Emori)quoted.
From September to November, UK employment-related indicators were solid, and the labor market remained firm, so the pound also appears to be holding up well. (Editorial staff)
