GBPJPY: Trading the UK Referendum

FX:GBPJPY   British Pound / Japanese Yen
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In view of the UK Referendum this coming Thursday (23rd June), if the UK were to leave the Euro zone, the focus will be on GBPJPY .

We expect GBPJPY to head further south breaking the Demand Zone with the weakness from GBP and strength on JPY (as part of the safe haven story).
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