JakeSMC

Possible correlations

Long
FX:GBPJPY   British Pound / Japanese Yen
Seeing that risk tolerance is at a tug of war in the markets these days, I have noticed a correlation between EURGBP and GBPJPY

And the duo approaches Support (GBPJPY) and Resistance (EURGBP) respectively, I expect a switch in movement

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.