GBPJPY – British Pound Poised for Continued Weakness

Key Highlights The British Pound after failing to break 139.00 versus the Japanese yen started a downward trend. There is a bearish trend line on the 4-hours chart of GBPJPY, which is pushing the pair down. Today, the BoJ Monetary Policy Meeting Minutes were published by the Bank of Japan. The impact was not much on the Japanese yen, as the currency remained in a ...
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EURJPY – Euro Positioning For More Declines?

Key Highlights Euro weakened against the Japanese Yen recently, and broke an important support area to trade lower. The EURJPY pair has many resistance areas on the way up, pointing towards more losses moving ahead. German Factory orders will be released by the Deutsche Bundesbank today, which is forecasted to gain by 1% in September 2015. Today, the BoJ Monetary Poli...
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