The Japanese Yen is expected to trade at 111.62 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 112.52 in 12 months time.
IF GBP depreciates and JPY appreciates there for we may conclude that GBPJPY may fall. so how are we going to approach this, I recommend that we keep eye on those zones which ever strategy your using supply and demand, order blocks, moving averages and wait for bearish confirmation GOODLUCK!
IF GBP depreciates and JPY appreciates there for we may conclude that GBPJPY may fall. so how are we going to approach this, I recommend that we keep eye on those zones which ever strategy your using supply and demand, order blocks, moving averages and wait for bearish confirmation GOODLUCK!