Kuroda's comment rocked FX. More news coming.. long way down

FX_IDC:GBPJPY60

BRITISH POUND / JAPANESE YENICE

Description

⋅ Jul 21, 2016 9:27 AM

If ECB Conference is good. I expect a minor correction. Here's what 2 watch 4:

-Gbp- Manufacturing
G20 meeting
-Gbp- Prelim GDP
BOJ Conference
possibly -Jpy- household spending & retail sales.. it depends where price is 2 know how it can really affect this pair

P.S. its a short but I put neautral becuz of ECB Conference

Comment

⋅ Jul 24, 2016 5:42 PM

1 country wouldn't boost it.. but many countries trying 2 do business with UK already is HUGE. I'll be looking 2 make charts soon for a Long term buy. bloomberg.com/news/articles/2016-07-22/johnson-says-u-k-approached-by-australia-india-for-trade-deals

Comment

⋅ Jul 26, 2016 5:01 AM

When using fundamentals..try not 2 4get about something that can determine a currency's short- midterm run. I regret making my most recent GBP JPY chart. Sorry guys. I lost my mind at the time & sentiment is still in favor or Kuroda's comment which has driven Jpy. Stick 2 ur plan ;) & good trading

GBPJPY

Comments

Jimmyrockhard

⋅ Jul 26, 2016 11:00 AM

kuroda wants to play poker, he is bluffing with a full house in the hole.

D-Styles

⋅ Jul 26, 2016 2:14 PM

Haha that guy is a trickster. Sentiment is still on Jpy strength.

__ARi__

⋅ Jul 21, 2016 9:39 AM

I don't get it. What Kuroda wants. 10 days ago he wanted Helicopter money. and Boom today he changed his mind. Nice job D-ROD

D-Styles

⋅ Jul 26, 2016 2:18 PM

It was the Prime minister that mentioned it earlier.... than Kuroda came out saying it's not needed. Then. Rumour came out days after Kuroda's comment.. then it's been mentioned that the 10 Trillion Yen stimulus isn't true & that's what probably caused Jpy's strength earlier. Idk I have yet 2 dig buy I'm kinda busy right now enjoying summer ;) watch out 4 Aud CPI today.