gbp/jpy has just fallen amids of gbp/usd fall in price. But this is a buying opportunity. It has fallen down to 146.60 from 147.70. overall market is positive and green. This means there is risk on scenario and so the carry trades specially yen crosses should be going up. So I have gone long on gbp/jpy right now at 146.70 with target 147.55. Lets see how it turns out to be.
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