The GBP/JPY currency pair is a popular trading pair that represents the value of the British pound in relation to the Japanese yen. The GBP/JPY pair is known for its volatility and is heavily influenced by a range of factors, including economic indicators, political events, and market sentiment.
In recent months, the GBP/JPY pair has experienced a bearish trend, meaning that the value of the pound has been declining relative to the Japanese yen. This trend has been driven by a range of factors, including concerns about the economic impact of Brexit on the UK economy, uncertainty about the future direction of UK monetary policy, and broader market volatility related to the COVID-19 pandemic.
In the short term, the market sentiment for the GBP/JPY pair remains bearish, with many analysts predicting continued weakness for the pound against the Japanese yen. Some of the trends that are contributing to this sentiment include ongoing uncertainty about Brexit negotiations and potential changes in UK monetary policy. Additionally, the Japanese yen is often considered a safe-haven currency during times of market volatility, which could contribute to further weakness for the pound in the short term. However, it is important to note that market sentiment can change rapidly based on new information and events, so it is important to monitor the situation closely if you are trading or investing in this currency pair.
What’s the actual point of the post? You don’t actually state anything materially worthwhile….
Well done you listen to the news but lack actual understanding macro economic factors playing in the UK. You failed to state that inflation has headed back up. You failed to state energy prices are back on the rise and oh you also failed to state that food prices are extremely elevated and will continue to do so.
Do us all a favour and go back to learning, you’ve bitten too much that you can chew. Gained a few followers and you think you’re the dogs bollucks. 0 likes on your posts and from what I’ve seen failed post after failed post.
You can’t even point out where supply and demand is, nor can you point out where price is picking up momentum or not.
Plenty more work to be done for you for sure
KidCudi9989
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@PeterPeterPeterX3theres levels to this 🤣 I love it!
percifying
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@PeterPeterPeterX3 This is a cool quote that I use to know of, "Loneliness is grime", the ability of making consecutive alt accounts in order to barade someone who is emotional is frankly funny and sad, speak to me when you look visually appealing and also pop that zit of a pimple 🤢
percifying
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@percifying I'd pay with market lots to see that cyst pop, I have nothing to lose!
@PeterPeterPeterX3 the state of that R:R too, asking to burn an account over and over haha
Finpofin
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@KidCudi9989, I agree it’s just extremely basic. Guess he’s still learning lol
KidCudi9989
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Just a piece of advice, you should find a mentor or learn some more. TA is very basic and not much thought behind it! Wish you the best of luck. You're going to need it!
Well done you listen to the news but lack actual understanding macro economic factors playing in the UK. You failed to state that inflation has headed back up. You failed to state energy prices are back on the rise and oh you also failed to state that food prices are extremely elevated and will continue to do so.
Do us all a favour and go back to learning, you’ve bitten too much that you can chew. Gained a few followers and you think you’re the dogs bollucks. 0 likes on your posts and from what I’ve seen failed post after failed post.
You can’t even point out where supply and demand is, nor can you point out where price is picking up momentum or not.
Plenty more work to be done for you for sure