British Pound / Japanese YenUpdated Kuroda's comment rocked FX. More news coming.. long way down
If ECB Conference is good. I expect a minor correction. Here's what 2 watch 4:
P.S. its a short but I put neautral becuz of ECB Conference
- -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
Note
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-dealsNote
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
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