GBPJPY buy with tp in level pink

Jul 22

The British Pound market has been all over the place during the trading week, largely due to the Bank of Japan's intervention in the currency markets. After all, the Japanese Yen had been taking a beating from most currencies, including the British Pound. That said, this market remains very bullish, and holding onto the pair continues to be rewarding. For this reason, I am a buyer on dips and continue to hold the GBP/JPY currency pair.