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Chart_MasterPro
Dec 15, 2023 5:01 AM

GBPJPY: Reuters: The BOJ meeting next week is expected to have n Short

GBP/JPYOANDA

Description

The latest Reuters poll on the Bank of Japan's outlook includes the following key points:

BoJ will end negative interest rates by 2024, 84% of economists said in their quarter-end forecast; 71% in the November poll and 54% in the October poll.
88% of economists think the BoJ will end yield curve control; 12% think the BoJ will adjust YCC again.
28 out of 42 economists say BoJ interest rates will rise to 0.00% or 0.10% by the end of the second quarter of 2024; Two people thought it was 0.25%.

Comment

💵GBPJPY SELL 181.20-181.30💵

✅TP1 181.00
✅TP2 180.70

❌SL 181.70
Comments
GlobalHorns
Got lucky with a buy. Idea posted. Long term you might be right.
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