Short GBPJPY for tomorrow, then long after BOE Rate Increase
Hi,
Following history and trend analysis i expected GBPJPY to fall and then pick up for a long term goal of above 183.000.
Hiking interest makes GBP stronger in turn resulting in more investors holding GBP for better returns.
However this could negatively effect GBP in the long run.
Interim strength is predicted after a drop.
Following history and trend analysis i expected GBPJPY to fall and then pick up for a long term goal of above 183.000.
Hiking interest makes GBP stronger in turn resulting in more investors holding GBP for better returns.
However this could negatively effect GBP in the long run.
Interim strength is predicted after a drop.