GBP/JPY: Long heading into this week... 📈
The Yen hovers under 104.00 also eyeing expiry interest at the strike (1.2 bn). Elsewhere, the Franc is straddling 0.8900 amidst a lack of independent impulses and this prone to Dollar moves and overall risk considerations.
Reading simple price action and viewing the recent pound strength, we can now look to capitalise on some GBP/JPY profits. This pair is looking to flick up into 142.50. Trade with caution.
Reading simple price action and viewing the recent pound strength, we can now look to capitalise on some GBP/JPY profits. This pair is looking to flick up into 142.50. Trade with caution.
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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.
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.