FX.co ★ Trading tips for GBP/JPY

The trading plan presented last March 22 talked about setting a grid of sell limits in GBP/JPY after the breakdown of 158. The pair realized this scenario yesterday night, making it possible for traders to get good profit.

Plan:

Development:

Congratulations to those who followed the trading idea! The pair moved my as much as 5,000 pips.

The strategy given was grid trading, which is usually used on cross rates.

Good luck and have a nice day!