Best Thread Correlation Trading - Basic Ideas and Strategies

GBPUSD + GBPJPY
 

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Not really much happening in FX this week. Only 2 trades taken. GBPUSD playing out well, other was EURJPY but got stopped out on a long (monday). Pretty strong upward move since September in the former...Wouldn't want to short it, but I do feel we're due a squeeze on the longs at some point. Heading into heavy res atm above Monday's high. Good weekend all, and hope the above charts have been helpful.
 
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