- JPY has been selling off lately as market is in risk-on sentiment. However, after these risk events ( US-China Trade dispute and Brexit) cool down, recession and global growth slow down fear will be the main concern again. => good chance for safe haven currency.
- GBPJPY run into strong resistance in D1, also a
- run deeps into the overbought zone with the maximum figures for the last 2 years is around 81 - 83.
Therefore, just wait to sell, long is not encouraged anymore.