Global Macro Trading

Bulls make money. Bears make money. Pigs get filthy rich.

Bulls make money. Bears make money. Pigs get filthy rich.

GBP/JPY · Long

Legacy position · October 20, 2026

Active
GBP/JPY weekly chart (OANDA, TradingView)

Entry

213.197

Target

Approximately 265

Additions

Consolidations and bullish continuation patterns.

Exit

Manage according to price structure, USD/JPY and broader cross-market conditions.


Thesis

Expecting GBP/JPY to accelerate sharply higher, potentially outperforming USD/JPY and other yen crosses as the yen-carry trade advances.


Trade journal

  • Oct 20: Existing legacy long maintained. Monitoring consolidation and continuation patterns for potential additions.