Anybody Trading in GPY/JPY?

Gul

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Hi,
would like to know if anyone of the site members are trading in GBP/JPY.

Please let me know.

Thanks,

Gul
 
Hi,
would like to know if anyone of the site members are trading in GBP/JPY.

Please let me know.

Thanks,

Gul

I did, for a bit. It ended badly. Far too unstable for my tastes at this point.
 
Hi,
would like to know if anyone of the site members are trading in GBP/JPY.

Please let me know.

Thanks,

Gul

The pair is Very volitile. Watch the longer term charts, low leverage trades, the carry trade may have some legs left. But I believe GBP/USD days are numbered. It will be trading around 1.8800 - 1.9000 sooner or later, I believe by beggining of 2009. But USD/JPY should be around 112 - 115. So, on those figures, GBP/JPY could have soem legs to 215 area.... Thats what I think....
If your new to the game, be careful, this currency pair has some serious teeth.
 
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