JPY short positioning overextended
JPY safe haven in the event of equity downturn
GBP strength keeps low - BoE will not hike
Brexit uncertainty remains
GBP positioning not overextended - room for shorts to build
Speculative market sentiment is very yen; underestimating possibility of yen strength in case of events like August 2015
Sentiment is neutral/bullish GBP
Short at spot.
Add to position when is broken.
Add to position every 100-200 pips of downside, trail stop to profit
Scale out at 130-125 yen
how do you trade?
been profitable overall?
why don't you create a robot to trade your strategy?