The winter chill this year has not yet come to an end. GB recently had full export customs changed therefore almost all imports in the country have new policies and rules surrounding them.
This is going to make doing business here in the UK a little bit tougher for the meantime whilst businesses, companies and individuals adjust.
Japan on the other hand have been surging with work due to their already established policies and the vast amount of work they can complete.
We can see GBPJPY has now risen to its highest point in our Fibonacci retracement.
This is also confirmed with the movement of the RSI and MACD.
From the indicators and fundamental information surrounding business, GBPJPY is about to decline further and quite heavily.
I anticipate cryptos to be rising in this time as the £ loses some more strength to the yen.
This is going to make doing business here in the UK a little bit tougher for the meantime whilst businesses, companies and individuals adjust.
Japan on the other hand have been surging with work due to their already established policies and the vast amount of work they can complete.
We can see GBPJPY has now risen to its highest point in our Fibonacci retracement.
This is also confirmed with the movement of the RSI and MACD.
From the indicators and fundamental information surrounding business, GBPJPY is about to decline further and quite heavily.
I anticipate cryptos to be rising in this time as the £ loses some more strength to the yen.
