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13.05.202213:09 Forex Analysis & Reviews: Trading tips for GBP/JPY

Exchange Rates 13.05.2022 analysis

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:

Exchange Rates 13.05.2022 analysis

Development:

Exchange Rates 13.05.2022 analysis

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!

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Andrey Shevchenko,
Analytical expert of InstaSpot
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