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Currency Strenght

Thursday 17 December 2015

GBPJPY FX Market Watch Tower




Daily 14/12/2015


4hr Anchor 14/12/2015 



4hr Anchor 17/12/2015

With the recent Dollar interest rate rise for the first time since 2006  the federal reserve raised the target range fed rate by +25bps to 0.25%-0.5% and the usdjpy surging, our short position discussed
in our trader plans for the gbpjpy has stilled yeld profit despite the news  see ....http://rocksolidfx.co.uk/project/gbpjpy-2/ 
However, we have decided to take half position and bring the rest to break-even as a precaution @183.44
'Like i say you can't go broke banking' 
With no risk on the table will see if our position can ride to the 1st target 182.144 the lows of december 14 2015 the the 2nd target 161.8 @ 180.818




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