GBPJPY Medium-Term Trade Idea – 09.05.18

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GBPJPY Medium-Term Trade Idea

In this medium-term trade idea, PIA-First are looking at the rally being sold into for the Sterling Yen. PIA believes that a downside correction should be seen following the rally in this GBPJPY Medium-Term Trade Idea.

UPDATE 09:45 10/05/2018 Economic figures could adversley affect the short term technical picture. In the interest of money management, we look to move the stop to 149.30. No profit has been taken

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PIA-First provide award winning trade ideas on financial markets. Ran by traders for traders, PIA-First offer professional technical analysis combined with market sentiment specifically designed for the professional trader and investor whether they are independent or working in a financial institution. Our research covers over 25 different financial instruments from major equity indices, commodities and spot foreign exchange (FX).

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PIA-First provide award winning trade ideas on financial markets. Ran by traders for traders, PIA-First offer professional technical analysis combined with market sentiment specifically designed for the professional trader and investor whether they are independent or working in a financial institution. Our research covers over 25 different financial instruments from major equity indices, commodities and spot foreign exchange (FX).

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