GBPJPY Forecast

26 ต.ค. 2020

We are watching how price develops among Cable pairs this week, in particular, GBPJPY. This pair has been relatively bullish recently after a breakout on the higher time frames. With Tier 4 lockdown being talked about in the UK, this could prove the catalyst to great selling pressure and downside movement. Yet, we could still see this pair go long if key levels are broken and price closes above.