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Oct 24, 2019 5:13 AM

ORBEX: GBPJPY, EURGBP - BoJo Wants Election, Adios Draghi! 

Euro Fx/British PoundFXCM

Description

In today's #marketinsights video recording I analyse #GBPJPY and #EURGBP #FXMinors!

GBPJPY Supported by:
- Increasing expectations EC will grant January extension
- BoJo win in case of early election
- Weak safe-haven flows
- Japan manufacturing to 3yr low

EURGBP Under Pressure as:
- Investors eye ECB and last Draghi meeting
- Disappointing Business Climate (French)
- Poor EA Consumer Confidence

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice
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