Yesterday our Forex Automated Trading Signals bought the Pound against the Japanese Yen using the Range1 system. However, such a trade was prematurely executed as it wasn’t until U.S. and Asian trading that risk-aversion took a back seat as equity markets rallied. As such, this losing trade may now be on the verge of rallying as carry-trades begin and continue to be filled.

See more Forex Buy/Sell Signals on DailyFX+ and be sure to monitor any updates on these specific signals, as our automated forex signals can and do change on a daily and intraday basis. For more information and guides on using our DailyFX Buy/Sell Signals, see our Weekly Forex Trading Strategy Outlook report.