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GBP/JPY Signal - BoE Haskel Speech - 14 Apr 2021

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Signal Details
Entry Price: 
150.22
Take Profit: 
149.080
Stop Loss: 
151.00
Direction: 
Sell
How we trade
Average: 5 (1 vote)

GBPJPY is cycling to the downside prior to BoE Monetary Policy Member Haskel's Speech, which gives insight into future monetary policy announcements. Technically the pair is below the 150.500 pivot level and cycling to the downside currently and we anticipate continued downside into the 149.080 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.