FX:GBPJPY   Livre sterling / Yen japonais
Market close/open. It’s a good idea to avoid these or be wary around these times. At market close a number of trading positions are being closed. This will lead to volatility in the currency markets which can then cause price to move erratically. The same applies at market open. A lot of people are opening positions as they didn’t want to hold them over the weekend for the reasons stated above.
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