Pound will slide as JPY becomes a 'Safe-haven'
It would be great to hear your thoughts.
Based on the negative news surrounding the British Pound, we expect the GBPJPY pair to slide. From a technical standpoint, the pair has considerable room to fall, On both the 30M and 1HR timeframes, the pair has clearly rejected an upper bound. However, based on the expected volatility , initially, we expect the pair to appreciate in value, returning back to the pairs descending channel .
Granbourough Capital is committed to providing high-quality set-ups.
This is an opinion, not financial advice.
Based on the negative news surrounding the British Pound, we expect the GBPJPY pair to slide. From a technical standpoint, the pair has considerable room to fall, On both the 30M and 1HR timeframes, the pair has clearly rejected an upper bound. However, based on the expected volatility , initially, we expect the pair to appreciate in value, returning back to the pairs descending channel .
Granbourough Capital is committed to providing high-quality set-ups.
This is an opinion, not financial advice.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.