GBP/JPY longs were the best trade this week


Weekly FX performance

The combination of risk appetite and the potential for a Brexit deal and better risk sentiment.

The chart has been explosive since Brexit sentiment turned on October 9. In that time the pair has risen 950 pips.

I wrote on Tuesday that I would look to buy on a pullback to 138.00/137.80. The pair fell to 137.53 the next day and has now climbed to 140.34.


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