BoJ most recent announcement of UNLIMITED AMOUNT OF JBP PURCHASE
Whats up everybody, hope everyone is doing well. The most recent action from the BoJ announcing an unlimited amount of JBP purchases has sent YEN sliding across all pairs. UK jobless rate falls further below pre-pandemic rate. Really there is no SHORT TRADE on GBPJPY, if there is it will be relatively SHORT LIVED. ALL the data points above are screaming LONG GBPJPY. Align this with your own chartwork, and see how this performs.
Trade active
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.
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.