THE-real-Deal

GBP JPY LONG TERM

Short
THE-real-Deal Updated   
FX:GBPJPY   British Pound / Japanese Yen
Following the steps of the US Federal Bank, Bank of England kept the rates steady along with negative expectation on inflation and this is not looking so good for GBP currency and its not fueling the bulls enough to keep the green going. GBP JPY will be the reacting to this by going short. Today we have BOJ Interest rate session and expecting them to keep it steady. This might Boost JPY for a short period of time. Current trend is taking GBP JPY back to its original 172.5 support
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.