With the Japanese Yen looking very strong right now and the GBP looking bearish you can see a downtrend has formed in the GBPJPY weekly chart. Right now it seems as if it is in phase two of the downtrend cycle.
I personally would be wary about the fundamentals, as some news are to be released related to JPY and GBP throughout this week. I would look to short GBPJPY following the trend on phase 1.
I personally would be wary about the fundamentals, as some news are to be released related to JPY and GBP throughout this week. I would look to short GBPJPY following the trend on phase 1.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.