GBPJPY - recommendation from Morgan Stanley


Morgan Stanley issued a recommendation for GBPJPY currency pair.

The Bank recommends taking a short position at the market price (150.57) on the pair with following levels:

Take profit: 138
Stop loss: 157.50

Morgan Stanley recommends taking a short position on GBPJPY with a target of 138 and a stop at 157.50.
This article is provided for general information purposes only. Any opinions, analyses, prices or other content is provided for educational purposes and does not constitute investment advice or a recommendation. Any research has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Any information provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.
Past performance is not necessarily indicative of future results, and any person acting on this information does so entirely at their own risk, we do not accept liability for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information.