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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.