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Made a quick profit on GBP/JPY and GBP/USD

Amogh Обновлено 12 Июнь в #Trader's blog #GBP/USD #GBP/JPY

Made a quick profit on gbp/jpy and gbp/usd on worst than expected uk news on Manufacturing Production. gbp across the board fell sharply. following the news. gbp/jpy short trade was executed at 147.199 and booked a quick proift at 146.97 for 23 pips profit.
similary gbp/usd short trade is initiated at 1.3379 and booked proift at 1.3358 for 22 pips

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GBP/USD - GBP/JPY short trades exited with profit

Amogh Опубликовано 5 Окт. в #Trader's blog #GBP/USD #GBP/JPY

Selling pound sterling recently has been very beneficial. Both gbp/usd and gbp/jpy is going down. GBP/JPY opened @ 149.137, Stopped out at 148.550 with profit of 60 pips. And GBP/USD @ 1.32205, Stopped out at 1.31950 with 26 pips
Currenlty waiting for intraday bounce to sell again.
here is the chart of gbp/jpy.

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GBP/USD is heading towards 1.2700

Amogh Опубликовано 5 Нояб. в #GBP/USD #Trader Contest

After breaking the top of the range 1.2340 - 50 GBP/USD has reached to 1.2550. It is right now hovering around 1.2517 It does seem like the price is heading towards to 1.2700. RSI has reached oversold territory but price can still further rise. Overall USD is becoming weaker and this is also adding fuel to this pair.

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Looking forward to short GBP/USD

Amogh Опубликовано 17 Окт. в #Trader's blog #GBP/USD

I look forward to shorting GBP/USD on the first opportunity I will have. CPI and PPI numbers are in focus on Tuesday, Oct 18. That will be significant number. However, I look close watch at the support level 1.2100. If this is broken at all cost I will be shorting this pair. Currently it is stuck in the support line of 1.2150. Lets see how this pair reacts to the early European market sessions.

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Блог Amogh

Made a quick profit on GBP/JPY and GBP/USD

GBP/USD - GBP/JPY short trades exited with profit

GBP/USD is heading towards 1.2700

Looking forward to short GBP/USD