Risk reward ratio - 1:1.4
GBPUSD mostly trends similar to Gold. As i am long in Gold, taking long in this as well
Risk Reward ratio - 1:1.5
Risk Reward ratio - 1:2 Never trade without SL
Risk Reward ratio - 1:2 Basis: Sellers are weak, JPY interest rates decision ahead etc Important note: Never trade without SL
Sell GBPJPY targeting 145.00 level. Last week we saw a strong resistance around the 148.25-148.50 levels. High probability of a U turn Stay connected for more trade ideas like this. cheers :)
Considering the fundamentals such as upcoming general elections, Indo-Pak scenario, Public sector bank NPAs and technical aspects, I am seeing Bank nifty to retest 21000-21500 level in 3 to 6 months span.